AMEX:SPXU   ProShares UltraPro Short S&P500
This is an inversed leveraged ETF for the SPY index. Just by looking at the spy , it is overextended and running into resisance on its chart, which makes me believe we are in for a market pullback. Being that this is a inverse leveraged ETF , i'm looking for a bounce back to the 7.3 area.