Shares of ProShares UltraShort FTSE China 50 ETF (FXP) fell below their 200-day moving average of $18.33, trading as low as $17.89 and down about 6% on the day. The move is a bearish technical signal for the ETF, but the article is largely a price-action update rather than a fundamental catalyst.
Shares of ProShares UltraShort FTSE China 50 ETF (FXP) fell below their 200-day moving average of $18.33, trading as low as $17.89 and down about 6% on the day. The move is a bearish technical signal for the ETF, but the article is largely a price-action update rather than a fundamental catalyst.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
