- Industrial Select Sector SPDR Fund price action is currently oscillating around the $100.29 support level with prices moving above and below several times during the session.
- Upper Bollinger Band® currently at $12.86
$13.32 marks the crossover point where VanEck Vectors ETF Trust – VanEck Vectors Social Sentiment ETF price action falls below its 50 day Simple Moving Average. VanEck Vectors ETF Trust – VanEck Vectors Social Sentiment ETF is hovering around the $13.43 Fibonacci support level.
Several technical indicators are adding weight to the bearish momentum seen today and forecasting VanEck Vectors ETF Trust – VanEck Vectors Social Sentiment ETF to extend its recent losses.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares's upper Bollinger Band® is at $12.86.
Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares is set for a reversal in the coming days.
Industrial Select Sector SPDR Fund made an initial foray below its 10 day Simple Moving Average around $99.82.
Several technical indicators are adding weight to the bearish momentum seen today and forecasting Industrial Select Sector SPDR Fund to extend its recent losses.
Fundamental indicators – United States CFTC Crude Oil speculative net positions released today at 19:30 UTC with a figure of 252,500, while the previous figure was 278,300.
Upcoming fundamentals: projections for United States Consumer Confidence are set for a continuation of decline with 100 while previous data was 102.5; data will be released tomorrow at 15:00 UTC.