Buyers pushing SCHA towards its price target of $41.97; currently at $41.77

• Buoyed by a strong session amid an uptrend, Schwab U.S. Small-Cap ETF is 20 cents away from testing key resistance at $41.97
• The lower Bollinger Band® is currently at $68.03 while the higher band is at $72.56

Despite posting gains on yesterday, Schwab U.S. Small-Cap ETF slid below its 3 day Simple Moving Average at $41.37 during the last session — an early indicator that a negative trend could be emerging. Schwab U.S. Small-Cap ETF's upper Bollinger Band® is now at $42.25. Schwab U.S. Small-Cap ETF's recent run now faces a major challenge as concentrated supply is likely found at $41.97 with price action currently 20 cents away.

Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates Schwab U.S. Small-Cap ETF is set for a reversal in the coming days.

Around $27.71, ProShares UltraShort 20+ Year Treasury can look to establish a new bullish phase beyond its 10 day Simple Moving Average. On the other hand, note that ProShares UltraShort 20+ Year Treasury's run now faces a challenge at $28.28, which is only 30 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.

Overall, looking at the technical analysis landscape, it seems ProShares UltraShort 20+ Year Treasury might continue pointing upwards in the short term.

With regards to technical trend indicators, chart analysis show that around $71.27, iShares U.S. Financials ETF can look to establish a new bullish phase beyond its 3 day Simple Moving Average. Analysis based on the asset volatility indicates that Bollinger Band® analysis indicates that current price action is approaching the upper band at $72.56, thereby suggesting that iShares U.S. Financials ETF is becoming overvalued. Support/Resistance levels obtained from chart analysis indicate that iShares U.S. Financials ETF's run now faces a challenge at $72.24, which is only 38 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, iShares U.S. Financials ETF remains flat without a clear direction.

Fundamental indicators – United States Producer Price Index published yesterday at 12:30 UTC came out at -0.5%, falling short of the 0.1% projections and continuing its decline from the previous 0% figure.

Upcoming fundamentals: United States Core Retail Sales projected to come out at -0.3% — worse than previous data of -0.1%; data will be released today at 12:30 UTC.