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Market Impact: 0.12

Bullish Two Hundred Day Moving Average Cross

Market Technicals & FlowsHealthcare & BiotechInvestor Sentiment & Positioning

ProShares Ultra Health Care ETF (RXL) crossed above its 200-day moving average of $47.31, trading as high as $47.48 and up about 2.6% on the day. The move is a technical bullish signal for the ETF, but the article contains no fundamental catalyst or broader market implication.

Analysis

ProShares Ultra Health Care ETF (RXL) crossed above its 200-day moving average of $47.31, trading as high as $47.48 and up about 2.6% on the day. The move is a technical bullish signal for the ETF, but the article contains no fundamental catalyst or broader market implication.

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