TBT is trading at $28.67, its target level is $28.29

• Key support level at $28.29 currently only 38 cents away
• ProShares UltraShort 20+ Year Treasury's upper Bollinger Band® is at $32.71 which indicates a further downward move may follow.

ProShares UltraShort 20+ Year Treasury made an initial foray below its 200 day Simple Moving Average around $29.24. ProShares UltraShort 20+ Year Treasury is hovering around the $28.84 Fibonacci support level. On the other hand, note that ProShares UltraShort 20+ Year Treasury's bearish trend is facing a possible turning point at $28.29, which is only 38 cents away. Will be interesting to follow. ProShares UltraShort 20+ Year Treasury's lower Bollinger Band® is at $28.85, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for ProShares UltraShort 20+ Year Treasury.

$47.29 marks the crossover point where VanEck Vectors Video Gaming and eSports ETF price action falls below its 50 day Simple Moving Average. VanEck Vectors Video Gaming and eSports ETF is currently flirting with an active Fibonacci support level around $46.93. Despite this, a persuasive break of this target could lead to higher losses.

Several technical indicators are adding weight to the bearish momentum seen Friday and forecasting VanEck Vectors Video Gaming and eSports ETF to extend its recent losses.

$53.17 marks the crossover point where SPDR S&P Metals & Mining ETF price action falls below its 50 day Simple Moving Average. SPDR S&P Metals & Mining ETF plunged below the $53.04 Fibonacci support level; next know Fib target at $50.61. In contrast, SPDR S&P Metals & Mining ETF is trending down and heading towards $51.52, which is only 98 cents away now. Hitting this support line might signal a change of direction. The lower Bollinger Band® of SPDR S&P Metals & Mining ETF is at $52.34.

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 SPDR S&P Metals & Mining ETF.

Upcoming fundamentals: United States Consumer Price Index is expected tomorrow at 12:30 UTC.