Bearish Schwab U.S. Large-Cap ETF dips below key support at $44.95 but bounces back 59 cents later in the session

• Current prices are bouncing away from strong support at $44.95
• IShares Russell Midcap ETF's upper Bollinger Band® is at $75.35 which indicates a further downward move may follow.

Support/Resistance levels obtained from chart analysis indicate that Schwab U.S. Large-Cap ETF's run now faces a challenge at $44.95, which is only 59 cents away and will be interesting to follow. Concerning technical analysis and more specifically, trend indicators, Schwab U.S. Large-Cap ETF's CCI indicator has fallen below -100, meaning prices are unusually low compared to their long-term average. Asset volatility analysis shows that Schwab U.S. Large-Cap ETF's lower Bollinger Band® is at $45.3, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.

For the time being, Schwab U.S. Large-Cap ETF remains flat without a clear direction.

Trend analysis indicates that iShares Russell Midcap ETF's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Momentum evaluation shows that the Relative Strength Index indicates iShares Russell Midcap ETF is in oversold condition. Analysis based on the asset volatility indicates that Bollinger Bands® shows an indication of recovery: the lower band is at $67.24, a low enough level to, generally, suggest that iShares Russell Midcap ETF is trading below its fair value. A study of iShares Russell Midcap ETF's chart reveals various key levels to watch: iShares Russell Midcap ETF is trending down and heading towards $66.07, which is only 89 cents away now. Hitting this support line might signal a change of direction.

For the time being, iShares Russell Midcap ETF remains flat without a clear direction.

Trend-following investors would be interested to note that ProShares UltraPro Short Dow30's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. According to momentum evaluation, the Relative Strength Index indicates ProShares UltraPro Short Dow30 is in an overbought condition. According to asset volatility analysis, Bollinger Band® analysis indicates that current price action is approaching the upper band at $30.63, thereby suggesting that ProShares UltraPro Short Dow30 is becoming overvalued. A study of ProShares UltraPro Short Dow30's historical price actions shows ProShares UltraPro Short Dow30's run now faces a challenge at $31.11, which is only 81 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.

For the time being, ProShares UltraPro Short Dow30 remains flat without a clear direction.

Fundamental indicators – United States Participation Rate (Feb) released yesterday at 13:30 UTC with a figure of 118.3, while the previous figure was 62.4.

Upcoming fundamentals: projections for United States Retail Sales are set for a continuation of decline with -0.3% while previous data was 3%; data will be released tomorrow at 12:30 UTC.