FXP Experiences Significant Dip Below Key Moving Average

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In trading on Wednesday, shares of the ProShares UltraShort FTSE China 50 ETF (FXP) fell below their 200-day moving average of $19.28, with a low of $19.14 per share, representing a decline of approximately 4.5% on the day. The ETF’s 52-week range has seen a low of $15.80 and a high of $26.20, with the most recent trade at $19.15.

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