A quick look at yesterday: after finishing Friday at $50.59, iShares Core MSCI Total International Stock ETF went up to $52.09 before paring its losses and closing at $51.89.
At the same time, United States NY Empire State Manufacturing Index (Oct) came out at -9.1, while a consensus of analysts was expecting -4.
IShares Core MSCI Total International Stock ETF made an initial breakout above its 10 day Simple Moving Average at $51.83, a potential indicator of a newly emerging bullish phase. In contrast, although iShares Core MSCI Total International Stock ETF is appreciating today after rising as high as $52.09, price action is now slowing and consolidating around 21 cents below the $52.1 resistance level.
Overall, looking at the technical analysis landscape, it seems iShares Core MSCI Total International Stock ETF might continue pointing upwards in the short term.
Other markets are also showing gains as ARK Innovation ETF is trading around $36.38 after ending yesterday's session at $34 (up 7.03% today). Amazon is trading around $113.79 after ending yesterday's session at $106.9 (up 6.45% today).
At the same time, a flat day for iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF, closing at $25.35.
Furthermore, the market is looking at tomorrow at 14:30 UTC data for United States Crude Oil Inventories will be released, with an expected decline to 1.55 million from the preceding figure of 9.88 million.
Also worthy of note, United States Building Permits (Sep) scheduled to come out tomorrow at 12:30 UTC.
IShares Core MSCI Total International Stock ETF traded as high as $74.15 before shedding 20.58% lower over the past six months.