A quick look at Friday: after ending Thursday at $90.35, iShares MSCI USA Value Factor ETF went up to $91.62 only to drop back, yet still traded well overall and closed at $91.58 Friday.
IShares MSCI USA Value Factor ETF is currently trading around the $91.51 Fibonacci resistance level. Support/Resistance levels obtained from chart analysis indicate that iShares MSCI USA Value Factor ETF is 39 cents away from testing key resistance at $91.97. Peaking above this level could inspire market bulls and open the path to further gains.
IShares MSCI USA Value Factor ETF shows positive signs, other assets are also on par: Mondelez International went up by 3.93% Friday, and closed at $76.72.
Meanwhile, Sanofi is down to $53.65, losing $2.44, after ending the previous session around $56.09. After ending Friday's session at $95.09, Sony Group Corporation lost $5.42 and is trading around $89.67.
Furthermore, the market is looking at United States ISM Manufacturing PMI (Apr) is scheduled for tomorrow at 14:00 UTC.
IShares MSCI USA Value Factor ETF has shed 4.69% over the past three months.