- The CCI indicator stands above +100
- Bollinger analysis indicates upper Band® is at $53.93
Trend-focused traders would be interested to note that iShares Core MSCI Total International Stock ETF's CCI indicator is above +100. Asset volatility analysis shows that iShares Core MSCI Total International Stock ETF's upper Bollinger Band® at $53.93, suggesting a further decline is forthcoming.
For the time being, iShares Core MSCI Total International Stock ETF remains flat without a clear direction.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares's lower Bollinger Band® is at $11.67, indicating that the market is oversold and fertile for new buyers.
Examining the technical analysis landscape, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares might continue its downtrend in the short term.
Fundamental indicators – United States ADP Nonfarm Employment Change (Oct) came out at 239,000, while a consensus of analysts was expecting 195,000.
Upcoming fundamentals: United States Crude Oil Inventories projected to decline to 367,000 while previous data was 2.59 million; data will be released today at 14:30 UTC.