ProShares Ultra High Yield (UJB) Shares Cross Below 200 DMA

ProShares Ultra High Yield ETF (UJB) traded as low as $78.05, slipping below its 200-day moving average of $78.36. The ETF was down about 0.6% on the day, signaling a modestly bearish technical break rather than a fundamental catalyst.

Analysis

ProShares Ultra High Yield ETF (UJB) traded as low as $78.05, slipping below its 200-day moving average of $78.36. The ETF was down about 0.6% on the day, signaling a modestly bearish technical break rather than a fundamental catalyst.