ProShares Inflation Expectations Breaks Below 200-Day Moving Average

ProShares Inflation Expectations ETF (RINF) traded down to $32.31, dipping below its 200-day moving average at $32.32, and was off about 0.3% on the day. The move suggests a short-term technical weakness, but the article provides no fundamental catalyst beyond the chart level.

Analysis

ProShares Inflation Expectations ETF (RINF) traded down to $32.31, dipping below its 200-day moving average at $32.32, and was off about 0.3% on the day. The move suggests a short-term technical weakness, but the article provides no fundamental catalyst beyond the chart level.