Buyers pushing TLT towards its price target of $108.8; currently at $108.53

• IShares 20+ Year Treasury Bond ETF's recent run now faces a challenge at $108.8
• Upper Bollinger Band® currently at $108.77

Concerning technical analysis and more specifically, trend indicators, iShares 20+ Year Treasury Bond ETF's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Analysis based on the asset volatility indicates that Bollinger Band® analysis indicates that current price action is approaching the upper band at $108.77, thereby suggesting that iShares 20+ Year Treasury Bond ETF is becoming overvalued. Technical analysis shows that iShares 20+ Year Treasury Bond ETF's run now faces a challenge at $108.8, which is only 27 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.

Notwithstanding iShares 20+ Year Treasury Bond ETF's appreciation in recent days, the technical outlook suggests its bullish run is now fading.

Chart analysis suggests iShares Russell Midcap ETF's bearish trend is facing a possible turning point at $67.97, which is only 63 cents away. Will be interesting to follow.

A study of iShares Russell 2000 ETF's chart reveals various key levels to watch: a persuasive break of this target could lead to higher losses. Thursday's price action generated a Japanese candlestick pattern showing 'Bullish Harami' is a candlestick chart indicator used for detecting reversals in an existing bear trend. It is generally indicated by a small price increase that's contained within a broader downward price movement and is commonly associated with a bearish trend coming to an end.

Upcoming fundamentals: United States EIA Short-Term Energy Outlook scheduled to come out tomorrow at 16:00 UTC.