Rivian Automotive's stock (RIVN) skidded in the intraday levels, while trading alongside the downward short-term trend line, amid the dominance of the downward medium-term trend, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching oversold levels. 

Therefore we expect more losses for the stock, targeting the first support at 16.75, provided it settles below 19.48. 

Expected trend for today: Bearish 

Brent oil price shows some slight bearish bias, noticing that stochastic begins to provide positive signals now, to support the chances of recovering on the intraday basis.

Until now, our neutrality still valid until the price confirms surpassing one of the trend keys represented by 90.30 support and 92.30 resistance, while the details of the expected targets after the breach are explained in our morning report.

The expected trading range for today is between 90.00 support and 93.00 resistance.

The expected trend for today: Neutral

Crude oil price shows weak trades since morning, settling around 88.50 level, thus, no change to the expected bullish trend scenario for today, which depends on the price stability above 87.95 level, reminding you that our targets begin by breaching 89.10 to open the way to head towards 90.50.

The expected trading range for today is between 87.00 support and 90.00 resistance.

The expected trend for today: Bullish

Silver price shows some slight bullish bias to test 23.00 level, waiting to breach this level to conirm the continuation of the expected positive scenario for today, which targets 23.70 level mainly, noting that breaking 22.75 will stop the expected rise and push the price to turn to decline.

The expected trading range for today is between 22.60 support and 23.35 resistance.

The expected trend for today: Bullish