- Schwab U.S. Broad Market ETF is trending down and might signal a change of direction
- IShares U.S. Treasury Bond ETF's upper Bollinger Band® is at $22.7.
A persuasive break of this target could lead to higher losses. Around $43.75, Schwab U.S. Broad Market ETF can look to establish a new bullish phase beyond its 21 day Simple Moving Average.
Technical analysis shows that Schwab U.S. Broad Market ETF (currently on a downtrend) might reverse course and start going up in the short term.
IShares U.S. Treasury Bond ETF's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. In contrast, a convincing break of this target could pave the way for deeper losses.
Several technical indicators are adding weight to the bearish momentum seen today and forecasting iShares U.S. Treasury Bond ETF to extend its recent losses.
$143.05 is only $1.94 away for iShares MSCI USA Momentum Factor ETF and might put a stop to its current downtrend. Around $143.94, iShares MSCI USA Momentum Factor ETF can look to establish a new bullish phase beyond its 10 day Simple Moving Average.
Despite muted price action in iShares MSCI USA Momentum Factor ETF, chart analysis indicates it is positioned for a bullish run in the short term.
Fundamental indicators – United States ISM Non-Manufacturing PMI (Oct) released today at 14:00 UTC with a figure of 54.4, while the previous figure was 56.7.
Upcoming fundamentals: United States Non Farm Payrolls expected to decline to 200,000 while its preceding data was 263,000, data will be available tomorrow at 12:30 UTC.