S&P Global now at $391.84 | Forthcoming price target: $10.42 lower at $381.42

• Key support level at $381.42 currently only $10.42 away
• The upper Bollinger Band® of S&P Global is at $404.3.

Technical analysis shows that $381.42 is only $10.42 away for S&P Global and might put a stop to its current downtrend.

Lloyds Banking Group made an initial foray below its 200 day Simple Moving Average around $2.23. Lloyds Banking Group's upper Bollinger Band® at $2.31, suggesting a further decline is forthcoming. Despite this, Lloyds Banking Group's bearish trend is facing a possible turning point at $2.22, which is only 1 cents away. Will be interesting to follow.

Several technical indicators are adding weight to the bearish momentum seen yesterday and forecasting Lloyds Banking Group to extend its recent losses.

In contrast, $336.93 is only $3.26 away for Moody's and might put a stop to its current downtrend.

American Express's bullish momentum is stalling and could turn negative in the short-term after the MACD crossed below its signal line — typically considered to be an early indicator of forthcoming bearish momentum. On the other hand, note that $168.09 is only $1.32 away for American Express and might put a stop to its current downtrend.

In the short term, American Express is expected to maintain its recent downtrend and continue spiralling lower.

Fundamental indicators – United States Building Permits (May) came out at 1.49 million, while a consensus of analysts was expecting 1.43 million.

Upcoming fundamentals: tomorrow at 15:00 UTC data for United States Crude Oil Inventories will be released, with an expected decline to 1.87 million from the preceding figure of 7.92 million.