Dec 20, 2011 (NVestorz.com) - In trading Monday, shares of ProShares Ultra Pro Short S&P (AMEX:SPXU) reached a high of $15.19, breaking through initial resistance at its 50-day moving average (MA) of $14.92. The ETF closed at $15.07 for a gain of 3.83% over Friday's closing price of $14.63.

New resistance has been established for Tuesday's trading at its 200-day MA of $16.55.

In after hours trading on Monday, share price for SPXU fell steadily to close at $14.84. Before hour... Read More

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