Tesla’s stock (TSLA) fell in the intraday levels, with negative pressure from the 50-day SMA, while trading alongside the downward secondary trend line in the short term, curbing recent losses, with positive pressure from the 50-day SMA after reaching oversold levels, as the stock vents off oversold saturation. 

Therefore we expect more losses for the stock, targeting the important support of 153.14, provided the resistance of 196.36 holds on.

Trend forecast: Bearish 

Brent oil price fluctuates around the EMA50 and settles below it, waiting to get negative motive that assist to push the price to visit the main expected target at 81.00.

Until now, the bearish trend scenario still active as long as 83.87 level remains intact, noting that breaking the targeted level will put the price under additional negative pressure that its next target reaches 79.20.

The expected trading range for today is between 81.00 support and 84.00 resistance.

Trend forecast: Bearish

Crude oil price trades negatively to head towards potential test to the key support 77.30, and as long as the price is stuck between this support and 78.70 resistance, our neutrality will remain valid, as the price needs to breach one of these levels to detect the next targets clearly.

Note that the details of the expected targets after the breach are explained in our morning report for crude oil price.

The expected trading range for today is between 76.30 support and 80.00 resistance

Trend forecast: Neutral

Silver price fluctuates with clam positivity in attempt to resume the expected bullish trend for today, motivated by the positive overlapping signal provided by stochastic, reminding you that our targets begin by breaching 24.60 to confirm extending the bullish wave towards 25.00 followed by 25.50 levels.

The EMA50 supports the expected rise, noting that holding above 24.10 represents the first protection factor to the continuation of the positive scenario.

The expected trading range for today is between 23.90 support and 24.70 resistance.

Trend forecast: Bullish