HYG is trading at $74.19, its target level is $74.04

• Key support level at $74.04 currently only 15 cents away
• IShares Core MSCI Total International Stock ETF's upper Bollinger Band® is at $63.89 which indicates a further downward move may follow.

$157.66 is only 69 cents away for Vanguard Small-Cap Value Index Fund ETF Shares and might put a stop to its current downtrend. Despite being in the red so far in the current trading session, Vanguard Small Cap Value ETF peaked above its 21 day Simple Moving Average around $159.3 — typically an early indicator of a new bullish trend beginning to emerge. On the other hand, note that weighed down by bearish sentiment, Vanguard Small Cap Value ETF fell below $158.52 as its key Fibonacci support level with market bears already setting their sights on next Fib support at $156.87.

Technical analysis shows that Vanguard Small Cap Value ETF (currently on a downtrend) might reverse course and start going up in the short term.

IShares iBoxx $ High Yield Corporate Bond ETF's lower Bollinger Band® is at $73.93. A convincing break of this target could pave the way for deeper losses. Despite this, price action remains constrained around the key Fibonacci level of $74.1 currently serving as support. If price action breaks below, the next Fib hurdle is $73.98.

Technical analysis indicates that iShares iBoxx $ High Yield Corporate Bond ETF (currently on a downtrend) might reverse course and start pointing upward in the short term.

IShares Core MSCI Total International Stock ETF's lower Bollinger Band® is at $60.83, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains. Bearish run for iShares Core MSCI Total International Stock ETF is facing a possible turning point at $61.36, which is only 11 cents away. If this support line fails to hold, the next target will be at $61.24.

Overall, looking at the technical analysis landscape, it seems iShares Core MSCI Total International Stock ETF —which is currently on a downtrend— might reverse course and start pointing upward in the short term.

Fundamental indicators – United States Services PMI released today at 13:45 UTC with a figure of 54.1, while the previous figure was 54.9.