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Market Impact: 0.15
ProShares UltraShort Real Estate (SRS) Shares Cross Above 200 DMA
Source: Nasdaq
Housing & Real EstateMarket Technicals & FlowsDerivatives & Volatility
ProShares UltraShort Real Estate ETF (SRS) rose about 1.5% Friday and crossed above its 200-day moving average of $43.08, trading as high as $43.49. The technical breakout is positive for SRS, a leveraged inverse real-estate ETF, but represents limited broad market impact.
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