UWM Makes Notable Cross Below Critical Moving Average
June 02, 2014 at 11:17 AM EDT
In trading on Monday, shares of the Proshares Ultra Russell2000 ETF (UWM) crossed below their 200 day moving average of $78.91, changing hands as low as $78.50 per share. Proshares Ultra Russell2000 shares are currently trading off about 2% on the day..