Reduction of 32$According to the butterfly pattern, a decline is looming with a target of $ 32, where there will be an excellent point for further overshooting.
Key stats
About ProShares UltraPro S&P 500
Issuer
ProShare Advisors LLC
Brand
ProShares
Expense ratio
0.92%
Home page
Inception date
Jun 25, 2009
Index tracked
S&P 500
Management style
Passive
ISIN
US74347X8645
UPRO, as a leveraged product, is not a buy-and-hold ETF, its a short-term tactical instrument. Like many leveraged funds, it delivers its 3x exposure only over a one-day holding period. Over longer periods, returns can vary significantly from its headline 3x exposure to the S&P 500. The 500 underlying companies are some of the most well-known firms in the world. As a short-term instrument, the total cost of owning UPRO is more dependent on liquidity than management costs, knowledge of the benefits, risks and pitfalls of geared products is paramount.
Classification
Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Committee
What's in the fund
Exposure type
Technology Services
Electronic Technology
Cash
Government
Stock breakdown by region
P&L Indicator Hello everyone and happy Saturday!
Releasing a P&L indicator. I developed this indicator owning to the lack of integration my brokers have with Tradingview, but the fact that I do all of my charting/trading on Tradingview.
This is a quick tutorial and getting started guide on the indicator which w
PopSeller capitulated. With a higher high despite higher selling volume on the day and the Oscar oscillator continuing to trend higher. Looking for a take profit at the previous swing high.
RSI Trends and Extremes with Color-Fill
What is the RSI Color Extremes Script?
The RSI Color Extremes Script is a different take on the traditional RSI. With a shorter period setting, short-term trends and extremes can be detected.
How is RSI Color Extremes different from the traditional RSI and Connors RSI (CRSI)?
While the t
UPRO - Long Term Uptrend UPRO has formed an interesting formation, but has bottomed along the long term uptrend in green
This also aligns with 0.786 fib
Bullish
Visualizing OTM Calls. The malleability of gender during childhood.
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UPRO MACD 13 48 200 EMA moving average downtrend signal UPRO chart is based on 2 hour timeframe
Downward trend MACD signal indicated on 3/30
Potential of 15% downside
This is not financial advice
Caviot Emptor
should reject off this resistance now UPRO pumped to a local resistance zone on friday, perfect short entry if you got in then(not financial advice of course ;), I expect more volatility next week. A gap down and dump to support is a very possible scenario in my opinion.
like and follow for more! 💘
UPRO Short Term Bearish Call SpreadShort term call spread back to the support at 111.00, 1 week trade to take advantage of time decay and price movement
UPRO or SPY long trade seams to workin the past trading TQQQ or UPRO long after a -83 or lower value on the Percent R indicator was very profitable.
Rules are to trail the stop at the low or prior day.
What is a bit risky is to open the trade at the 9.30 am opening, so waiting for a small dip and then entering the trade will be less
See all ideas