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UltraShort Russell MidCap Value ProShares Has Returned 17.4% Since SmarTrend Recommendation (SJL)May 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for UltraShort Russell MidCap Value ProShares (NYSE:SJL) on December 5th, 2011 at $48.70. In approximately 6 months, UltraShort Russell MidCap Value ProShares has returned 17.40% as of today's recent price of $40.22. Over the past year, UltraShort Russell MidCap Value ProShares has traded in a range of $38.20 to $74.78 and is now at $40.22, 5% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant. UltraShort Russell MidCap Value ProShares is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell MidCap Value Index. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of UltraShort Russell MidCap Value ProShares. Log in and add UltraShort Russell MidCap Value ProShares (SJL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |
