By: ETF Channel
November 07, 2012 at 16:07 PM EST
Proshares UltraShort Utilities Breaks Above 200-Day Moving Average - Bullish for SDP
In trading on Wednesday, shares of the Proshares UltraShort Utilities ETF (SDP) crossed above their 200 day moving average of $30.15, changing hands as high as $30.50 per share. Proshares UltraShort Utilities shares are currently trading up about 4% on the day.
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