SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of ProShares Ultra QQQ (QLD)
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[March 04, 2010]

SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of ProShares Ultra QQQ (QLD)

Mar 04, 2010 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for ProShares Ultra QQQ (AMEX:QLD) on February 17, 2010 at $55.60. In approximately 2 weeks, ProShares Ultra QQQ has returned 5.3% as of today's recent price of $58.56.



ProShares Ultra QQQ is currently above its 50-day moving average of $56.93 and above its 200-day moving average of $48.67. Look for these moving averages to climb to confirm the company's upward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ProShares Ultra QQQ shares.


Write to Chip Brian at cbrian@tradethetrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup

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