Buyers pushing S&P Global towards its price target of $390.21; currently at $389.14

• Bullish session prepares challenge of $390.21 level, currently $1.07 above current price of $389.14
• Goldman Sachs's upper Bollinger Band® is at $345.94 which indicates a further downward move may follow.

With regards to technical trend indicators, chart analysis show that Goldman Sachs's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Asset volatility analysis shows that the lower Bollinger Band® of Goldman Sachs is at $313.66. Support/Resistance levels obtained from chart analysis indicate that Goldman Sachs's downtrend might be halted by its support level at $310.45, which is only $5.15 away.

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

Chart analysis indicates it will be interesting to follow how S&P Global's run now faces a challenge at $390.21, which is only $1.07 away. Trend-focused traders would be interested to note that around $389.94, S&P Global can look to establish a new bullish phase beyond its 10 day Simple Moving Average.

For the time being, S&P Global remains flat without a clear direction.

$28.38 is only 75 cents away for Synovus Financial Corp. and might put a stop to its current downtrend. Despite being in the red so far in the current trading session, Synovus Financial Corp. peaked above its 50 day Simple Moving Average around $29.17 — typically an early indicator of a new bullish trend beginning to emerge.

Technical analysis indicates that Synovus Financial Corp. (currently on a downtrend) might reverse course and start pointing upward in the short term.

A persuasive break of this target could lead to higher losses.

Fundamental indicators – United States Services PMI came out at 54.1, while a consensus of analysts was expecting 54.