Buyers pushing S&P Global towards its price target of $379.02; currently at $380.18

Buoyed by a strong session amid an uptrend, S&P Global is $1.15 away from testing key resistance at $379.02
Upper Bollinger Band® currently at $381.37

HSBC Holdings's recent run now faces a major challenge as concentrated supply is likely found at $38.55 with price action currently 5 cents away. HSBC Holdings's upper Bollinger Band® is at $38.8.

Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates HSBC is set for a reversal in the coming days.

Around $375.3, S&P Global can look to establish a new bullish phase beyond its 5 day Simple Moving Average. In contrast, S&P Global has formed a "Bearish Engulfing” pattern. Bollinger Band® analysis indicates that current price action is approaching the upper band at $381.37, thereby suggesting that S&P Global is becoming overvalued.

According to technical analysis, it looks as if S&P Global likely to continue pointing upward in the short term.

Aflac made an initial foray below its 3 day Simple Moving Average around $67.73. Aflac is hovering around the $67.76 Fibonacci support level. Aflac's upper Bollinger Band® at $68.51, suggesting a further decline is forthcoming. On the other hand, note that bearish run for Aflac is facing a possible turning point at $67.69, which is only 29 cents away. If this support line fails to hold, the next target will be at $66.97.

Overall, looking at the technical analysis landscape, it seems that although indicators are mixed and some are pointing in different directions further drawbacks may be next for Aflac.

$198.64 marks the crossover point where LPL Financial price action falls below its 10 day Simple Moving Average. LPL Financial is currently flirting with an active Fibonacci support level around $199.79. LPL Financial's upper Bollinger Band® is at $205.46. LPL Financial's run now faces a challenge at $201.1, which is only 1 cents away and will be interesting to follow.

Overall, looking at the technical analysis landscape, it seems LPL Financial is likely to continue pointing down in the short term.

Fundamental indicators – Initial Jobless Claims in United States fell short of market expectations (235,000) with a reading of 261,000, continuing the decline from the previous figure of 233,000.