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ProShares UltraPro Short Dow30 ETF (SDOW) traded Monday at levels down into oversold territory, with shares changing hands as low as $23.19 as measured by an RSI-based technical threshold. The piece frames this as a positioning/technical setup rather than a fundamental catalyst.

Analysis

ProShares UltraPro Short Dow30 ETF (SDOW) traded Monday at levels down into oversold territory, with shares changing hands as low as $23.19 as measured by an RSI-based technical threshold. The piece frames this as a positioning/technical setup rather than a fundamental catalyst.

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