SDS Falls Below Critical Moving Average Threshold

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In trading on Monday, shares of the ProShares UltraShort S&P 500 ETF (SDS) fell below their 200-day moving average of $74.13, trading as low as $72.94 per share, representing a decline of approximately 2.8% for the day.

SDS has a 52-week low of $65.71 and a high of $141.55, with the latest trade recorded at $74.16.

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