McDonald's stock (MCD) surged 2.67% in the last session, settling at 242.73, and shaking off negative pressure from the 50-day SMA, with positive signals from the RSI after reaching oversold levels.

Therefore we expect more gains for the stock, targeting the support of 237.79, targeting the pivotal resistance of 249.80.

Expected trend for today: Bullish

Wheat price trades with new positivity to move above the bullish channel’s support line, which hints the price attempt to return to the bullish track, which makes us prefer staying aside until the price confirms its situation according to 764.50, as holding above it will push the price to achieve new gains that start at 782.20, while breaking it will press on the price to decline towards 741.90.

The expected trading range for today is between 755.00 support and 770.00 resistance.

The expected trend for today: Neutral

Brent oil price achieved clear gains to surpass 82.70 level and approaches the most important resistance at 83.75, and as we mentioned this morning, the price needs to hold below this resistance to keep the bearish trend valid for today, as breaching it will push the price back to the main bullish track again, while the next negative target of the suggested bearish wave is located at 80.80.

The expected trading range for today is between 80.00 support and 83.50 resistance.

The expected trend for today: Bearish

Crude oil price trades positively to approach the key resistance 82.55, which urges caution from the upcoming trading, as breaching this level will stop the morning suggested negative scenario and push the price to resume the main bullish wave, while consolidating below it will press on the price to achieve additional decline that its next main target located at 79.83.

The expected trading range for today is between 79.50 support and 82.55 resistance.

The expected trend for today: Bearish