More of the same for VLUE: down 26 cents (0.27%) for a 4th consecutive day

IShares MSCI USA Value Factor ETF is down to $89, after ending yesterday at $89.26. Overall, a 0.27% loss or 26 cents today.

Highly important Initial Jobless Claims data from United States beat analyst expectations of 240,000 with a reading of 242,000. Highly important Crude Oil Inventories data from United States beat analyst expectations of -1.1 million with a reading of -1.28 million.

While price action maintains a negative bias, United States Interest Rate released yesterday at 18:00 UTC with a figure of 5.25, while the previous figure was five.

Trend-following investors would be interested to note that the Commodity Channel Index (CCI) indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Technical analysis indicates that a new, strong downtrend could be forthcoming with short positions favored. Asset volatility analysis shows that iShares MSCI USA Value Factor ETF's lower Bollinger Band® is at $88.68, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.

All in all, the technical analysis suggests iShares MSCI USA Value Factor ETF has no clear-cut direction.

In the meantime, negative performances are also seen in other markets, Stryker is trading around $287.14 (down $6.75). After ending yesterday's session at $135.98, JP Morgan Chase lost 90.5 cents and is trading around $135.07.

Other assets are showing positive performances as Starbucks gained 0.58% and is now trading at $104.56.

Looking ahead, ongoing depreciation may be prolonged as United States Non Farm Payrolls projected to come out at 180,000 — worse than previous data of 236,000; data will be released tomorrow at 12:30 UTC. Tomorrow at 12:30 UTC data for United States Unemployment Rate will be released, with an expected decline to 3.6 from the preceding figure of 3.5.

IShares MSCI USA Value Factor ETF has shed 9.23% over the past three months.