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SH Crosses Critical Technical Indicator

In trading on Friday, shares of the ProShares Short S&P500 ETF (SH) entered into oversold territory, changing hands as low as $37.50 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..

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ProShares Short S&P500 (SH)