ICLN is trading at $18.63, its target level is $18.51

• IShares Global Clean Energy ETF bearish trend is facing a possible turning point at $18.51
• Schwab U.S. Broad Market ETF's upper Bollinger Band® is at $48.94 which indicates a further downward move may follow.

Despite being in the red so far in the current trading session, iShares Trust – iShares Global Clean Energy ETF peaked above its 21 day Simple Moving Average around $18.85 — typically an early indicator of a new bullish trend beginning to emerge. $18.51 is only 12 cents away for iShares Global Clean Energy ETF and might put a stop to its current downtrend. Despite this, iShares Global Clean Energy ETF is currently flirting with an active Fibonacci support level around $18.61.

Technical analysis indicates that iShares Global Clean Energy ETF (currently on a downtrend) might reverse course and start pointing upward in the short term.

$112.25 marks the crossover point where iShares Select Dividend ETF price action falls below its 10 day Simple Moving Average. On the other hand, note that iShares Select Dividend ETF could begin to recover as it approaches significant support, now 55 cents away from $110.85. Dipping below could be an indication that further losses are ahead.

Several technical indicators are adding weight to the bearish momentum seen yesterday and forecasting iShares Select Dividend ETF to extend its recent losses.

With regards to technical trend indicators, chart analysis show that Schwab U.S. Broad Market ETF's CCI indicator is above +100. Asset volatility analysis shows that Schwab U.S. Broad Market ETF's upper Bollinger Band® at $48.94, suggesting a further decline is forthcoming. Schwab U.S. Broad Market ETF's notable support and resistance levels: Schwab U.S. Broad Market ETF could begin to recover as it approaches significant support, now 19 cents away from $48.52. Dipping below could be an indication that further losses are ahead.

For the time being, Schwab U.S. Broad Market ETF remains flat without a clear direction.

Fundamental indicators – United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 191,500, while the previous figure was 216,600.