Mattel, Inc. (MAT) resumed its decline in recent intraday trading, with the primary bearish trend remaining firmly in control. The stock continues to move alongside a short-term descending trendline that supports the current downtrend. Negative signals have also emerged from momentum indicators after reaching overbought territory, while additional downside pressure persists as the stock continues to trade below its 50-day Simple Moving Average (SMA), which is acting as a dynamic resistance level and reinforcing the bearish outlook.

Accordingly, our outlook remains negative for the stock's upcoming trading sessions, particularly as long as it remains below the $14.15 level. Under this scenario, the stock is expected to target support at $13.25.

Today's price forecast: Bearish.

Ethereum (ETHUSD) slipped lower during its latest intraday, breaking a bullish corrective trend line on the short-term basis, to end the chances of a recovery on the near-term basis, especially with a dynamic negative pressure due to its trading below EMA50, with the emergence of negative signals from the relative strength indicators, increasing the likelihoods of deepening these losses in the upcoming near period.

Brent crude oil rose during its latest intraday trading, attempting to recover some previous losses, offloading some of its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, amid the dominance of the main bearish trend on the short-term basis, with a continued dynamic resistance due to the trading below EMA50, which reduces the chances of the full recovery on the near-term basis.

Bitcoin (BTCUSD) declined during its latest intraday trading, reaching $62,000 support, which represented our previous expected target, amid the continuation of the negative pressure that comes from its trading below EMA50, with the dominance of the main bearish trend on the short-term basis, on the other hand, we notice the emergence of the negative signals from the relative strength indicators.