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Market Impact: 0.12

Bullish Two Hundred Day Moving Average Cross

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ProShares Ultra Utilities ETF (UPW) crossed above its 200-day moving average of $23.44 and traded as high as $23.61, about 0.7% above that level. Shares were up roughly 1.3% on the day. The move is a modestly bullish technical signal, but the article provides no fundamental catalyst.

Analysis

ProShares Ultra Utilities ETF (UPW) crossed above its 200-day moving average of $23.44 and traded as high as $23.61, about 0.7% above that level. Shares were up roughly 1.3% on the day. The move is a modestly bullish technical signal, but the article provides no fundamental catalyst.

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