Invesco QQQ Trust's stock declined after hitting the resistance of the 50-day SMA, while retesting the downward short-term trend line, marking a loss of 0.85%, or 2.47 points, and settling at 289.40, with positive signals from the RSI.

Therefore we expect more losses for the stock, targeting the pivotal support of 269.30, provided the resistance of 296.75 holds on.

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Expected trend for today: Bearish 

Crude oil price resumes the bullish rally to surpass 100.00 and reinforce the expectations of continuing the bullish trend in the upcoming sessions, waiting for more rise to test 101.95 that represents our next target, noting that holding above 98.25 is important to continue the suggested positive scenario.

The EURUSD pair shows additional positive trades to approach our first waited target at 1.0280, and we expect the continuation of the bullish bias to surpass this level and head towards 1.0355 as a next positive target, reminding you that the continuation of the bullish wave depends on the price stability above 1.0200.

Apple's stock (AAPL) declined in the intraday levels after a Bloomberg report that showed the tech giant plans to slow down hiring and spending in 2023  to resist a potential recession, with the stock tumbling 2.06%, or 3.10 points, and settling at 147.07, with trading volumes surpassing 81.4 million shares, above 10-day averages of 72.6 million.

The decline came as the resistance of 150.40 held on, amid attempts to gather momentum to help it rise and pierce that resistance, while venting off overbought saturation in the RSI, as the stock exits a positive technical pattern in the short term, the Falling Wedge, buoyed by trading above the 50-day SMA.

Therefore we expect the stock to return higher, targeting the first resistance at 157.30, provided the resistance of 150.40 was breached.

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Expected trend for today: Bullish