Nike's stock (NKE) fell 1.20% in the last session, after the pivotal resistance of 174.25 held on, settling at  172.15, while gathering momentum to pierce that resistance in the future, amid the dominance of the main upward trend in the medium and short terms, coupled with positive support from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the resistance of 182.30, provided the first resistance of 174.25 was breached.

Expected trend for today: Bullish

Morgan Stanley's stock (MS) tumbled 2.56% in the last session amid positive signals from the RSI, settling thereafter at 101.86, shaking thereafter the negative pressure from the 50-day SMA, amid the dominance of the main upward medium-term trend. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 105.80, provided the support of 96.60 holds on.

Expected trend for today: Bullish

3M's stock returned lower with a 0.11% in the last session after exiting an ascending correctional price channel in the short term, while suffering from pressure from the 50-day SMA, settling thereafter at 179.46.

Therefore we expect more losses for the stock, targeting the support of 173.83, provided the support of 179.47 was breached.

Expected trend for today: Bearish 

Brent oil price trades with clear negativity to start pressing on 80.80 level, to head towards potential return to the correctional bearish track, but we still neutral until the price confirms breaking this level or consolidating above it followed by achieving new gains on the intraday and short term basis.

To review the details of the expected targets for the upcoming period, please check our previous report.

The expected trading range for today is between 79.50 support and 82.50 resistance.

The expected trend for today: Neutral