Microsoft's stock (MSFT) fell in the intraday levels after warnings from a change in consumption growth in its cloud businesses, a potentially negative one, sending the stock down 0.59% in the last session, or 1.43 points, settling at 240.61, with trading volumes surpassing 66.5 million shares, above 10-day averages of 34 million shares.

Technically, the stock is exposed to negative pressure after hitting the resistance of the 50-day SMA, amid the dominance of the main downward trend in the medium term, with negative signals from the RSI after reaching overbought levels. 

Therefore we expect the stock to decline and target the pivotal support of 219.13, provided the resistance of 241.53 holds on.

Expected trend for today: Bearish

AT&T's stock (T) rose in the intraday levels after turning to losses due to costs of restructuring, however it showed continued subscribers growth in the fourth quarter, sending the stock up 6.58% in the last session, or 1.26 points, and settling at 20.42, with trading volumes surpassing 73.5 million shares, above 10-day averages of 38.1 million shares. 

Technically,. the upward correctional trend dominates in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI.

Therefore we expect more gains for the stock, targeting the pivotal resistance of 21.39, provided it settles above the support of 19.12. 

Expected trend for today: Bullish

Brent oil price shows clear positive trades to attack 86.90 level now, and as we mentioned this morning, holding below this level is important to continue the expected bearish trend for today, as breaching it will push the price to visit 88.20 level direct, while consolidating below it will push the price to resume the bearish wave that its first target located at 85.10.

The expected trading range for today is between 84.30 support and 87.50 resistance.

The expected trend for today: Bearish

Crude oil price trades positively to test the key resistance 80.80, which urges caution from the upcoming trading, as breaching this level will push the price to achieve additional gains and test 81.60 areas before turning back to decline again, while breaking 80.00 is required to reinforce the chances of resuming the bearish trend that its targets begin at 78.95 and extend to 77.25 after breaking the previous level.

The expected trading range for today is between 78.50 support and 81.60 resistance.

The expected trend for today: Bearish