Proshares UltraShort FTSE China 25 Breaks Above 200-Day Moving Average - Bullish for FXP
Posted on August 27, 2012 at 11:00 AM EDT
In trading on Monday, shares of the Proshares UltraShort FTSE China 25 ETF (FXP) crossed above their 200 day moving average of $27.00, changing hands as high as $27.37 per share. Proshares UltraShort FTSE China 25 shares are currently trading up about 3.2% on the day.