EFV is trading at $49.96, its target level is $49.74

• IShares MSCI EAFE Value ETF bearish trend is facing a possible turning point at $49.74
• Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares's upper Bollinger Band® is at $42.06 which indicates a further downward move may follow.

Trend-following investors would be interested to note that iShares MSCI EAFE Value ETF's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Friday's price action generated a Japanese candlestick pattern showing iShares MSCI EAFE Value ETF has formed a "Bearish Engulfing” pattern. Analysis based on the asset volatility indicates that iShares MSCI EAFE Value ETF's upper Bollinger Band® is at $50.76 which indicates a further downward move may follow. Technical analysis shows that iShares MSCI EAFE Value ETF is eyeing the $49.74 support line.

For the time being, iShares MSCI EAFE Value ETF remains flat without a clear direction.

Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares made an initial foray below its 200 day Simple Moving Average around $41.87. Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares has formed a "bearish harami” pattern. Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares's upper Bollinger Band® is at $42.06. Despite this, Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares could begin to recover as it approaches significant support, now 18 cents away from $41.51. Dipping below could be an indication that further losses are ahead.

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 Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares.

Despite posting gains on Friday, United States Oil Fund LP slid below its 3 day Simple Moving Average at $71.77 during the last session — an early indicator that a negative trend could be emerging. United States Oil Fund LP's run now faces a challenge at $72.58, which is only 49 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.

Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates United States Oil Fund LP is set for a reversal in the coming days.

Upcoming fundamentals: United States Building Permits (Mar) is expected tomorrow at 12:30 UTC.