This week is crucial for the financial markets as on Wednesday, we will hear the interest rate decision from the FED which should indicate the direction for the next few weeks. Ahead of this decision and in the middle of the bank crisis saga, Apple is trading relatively strong compared to other big companies. Actually, from the technical point of view, we are very close to a major buy signal.

On Friday, most of the instruments are on the rise, however, we wish to shine the light on the one that is still trading in negative territory, rather than one with a buy signal. You know, just in case this whole bullish correction is a false one and we shall see more pain in the upcoming weeks.

This is a short update on the situation regarding Procter & Gamble. We previously analyzed this instrument on March 8th when the price was trading within a tight range and testing its lower boundary. As long as we were inside the correction, the way was open in both directions. Here's what we concluded in our previous analysis:

The ongoing turmoil in the banking sector has led to drops in share prices, and today's biggest hit was taken by Credit Suisse. With uncertainty looming, it's worth taking a closer look at Wells Fargo and its potential vulnerability.

In today's analysis of Oracle, despite the recent turmoil caused by the collapse of SVB, the stock showed resilience with a promising candle forming on the yearly lows.

In today's analysis, we are taking a look at Safran, a French company in the space, defense, and aviation sectors. Like many other markets and instruments, Safran has been affected by the recent havoc caused by the SVB. Currently, the sentiment for Safran is negative, but the technical situation is worth noting.