XLP is trading at $72.73, its target level is $72

Consumer Staples Select Sector SPDR Fund is trending down and might signal a change of direction
Upper Bollinger Band® currently at $91.72

Support/Resistance levels obtained from chart analysis indicate that Consumer Staples Select Sector SPDR Fund's bearish trend is facing a possible turning point at $72, which is only 73 cents away. Will be interesting to follow.

IShares National Muni Bond ETF is eyeing the $105.87 support line. Around $106.34, iShares National Muni Bond ETF can look to establish a new bullish phase beyond its 21 day Simple Moving Average. On the other hand, note that iShares National Muni Bond ETF is hovering around the $106.04 Fibonacci support level.

Overall, looking at the technical analysis landscape, it seems iShares National Muni Bond ETF might start pointing upward in the short term.

Technical analysis shows that iShares MSCI USA Value Factor ETF's recent run now faces a major challenge as concentrated supply is likely found at $92.33 with price action currently 49 cents away. With regards to technical trend indicators, chart analysis show that iShares MSCI USA Value Factor ETF's CCI indicator is above +100. Price action overcame a known Fibonacci resistance level at $90.92 by around 92.358 cents with prices hammering out a $90.5 – $91.9 session range. Analysis based on the asset volatility indicates that Bollinger Band® analysis indicates that current price action is approaching the upper band at $91.72, thereby suggesting that iShares MSCI USA Value Factor ETF is becoming overvalued.

For the time being, iShares MSCI USA Value Factor ETF remains flat without a clear direction.

Fundamental indicators – United States Crude Oil Inventories published yesterday at 14:30 UTC came out at -451,000, falling short of the 1 million projections and continuing its decline from the previous 4.49 million figure.

Upcoming fundamentals: as things stand, upcoming United States Initial Jobless Claims data is projected to fall short of market expectations with newly published data of 235,000, following on from the preceding figure of 232,000. New data is set to be published today at 12:30 UTC.