Buyers pushing Ally Financial towards its price target of $26.86; currently at $26.58

• Bullish session prepares challenge of $26.86 level, currently 28 cents above current price of $26.58
• The lower Bollinger Band® is currently at $365.51 while the higher band is at $383.96

Around $26.34, Ally Financial Inc. can look to establish a new bullish phase beyond its 3 day Simple Moving Average. The lower Bollinger Band® of Ally Financial is at $25.88. Despite this, Ally Financial's run now faces a challenge at $26.86, which is only 28 cents away and will be interesting to follow.

With all probabilities considered, today's gains in Ally Financial have only added further momentum to existing technical factors favoring greater bullish sentiment in the days to come.

Technical chart analysis shows Mastercard's run now faces a challenge at $383.42, which is only $1.63 away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. Trend-focused traders would be interested to note that Mastercard's CCI indicator is above +100. Mastercard is alternating around the $382.37 Fibonacci resistance level. Analysis based on the asset volatility indicates that Bollinger Band® analysis indicates that current price action is approaching the upper band at $383.96, thereby suggesting that Mastercard is becoming overvalued.

For the time being, Mastercard remains flat without a clear direction.

Technical analysis trend indicators suggest that around $53.34, Assured Guaranty can look to establish a new bullish phase beyond its 21 day Simple Moving Average. Assured Guaranty is hovering above a known Fibonacci resistance level of $53.59. Asset volatility analysis shows that Assured Guaranty's upper Bollinger Band® is at $55.09. Chart analysis indicates it will be interesting to follow how Assured Guaranty's run now faces a challenge at $54.4, which is only 40 cents away.

For the time being, Assured Guaranty remains flat without a clear direction.

Around $28.25, Bank of America can look to establish a new bullish phase beyond its 5 day Simple Moving Average. Bank of America's lower Bollinger Band® is at $27.51, indicating that the market is oversold and fertile for new buyers. In contrast, Bank of America's recent run now faces a major challenge as concentrated supply is likely found at $28.44 with price action currently 20 cents away.

Overall, looking at the technical analysis landscape, it seems Bank of America might continue pointing upwards in the short term.

Fundamental indicators – United States New Home Sales (May) released yesterday at 14:00 UTC with a figure of 763,000, while the previous figure was 680,000.

Upcoming fundamentals: United States Crude Oil Inventories is projected to outperform its last figure with 1.42 million. It previously stood at -3.83 million; data will be released today at 14:30 UTC.