ProShares UltraShort MSCI Brazil Capped today at a glance: after dipping down to $19.3, ProShares UltraShort MSCI Brazil Capped regains earlier losses and goes up to $19.37. United States's Consumer Confidence new data released of 102.5 below its previous figure.
Despite posting gains so far today, ProShares UltraShort MSCI Brazil Capped slid below its 10 day Simple Moving Average at $19.64 in earlier trade — an early indicator that a negative trend could be emerging. Although ProShares UltraShort MSCI Brazil Capped is appreciating today after rising as high as $19.95, price action is now slowing and consolidating around 60 cents below the $19.97 resistance level.
Overall, looking at the technical analysis landscape, it seems ProShares UltraShort MSCI Brazil Capped is likely to reverse course and start pointing down in the short term.
IShares Core Total USD Bond Market ETF is up 1.06%. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% to trade around $25.35. IShares MBS ETF added 1.27% to its value, now trading at $89.8.
United States Consumer Confidence published today at 14:00 UTC came out at 102.5, falling short of the 106.5 projections and continuing its decline from the previous 107.8 figure. United States S&P/CS HPI Composite – 20 n.s.a. (YoY) (Aug) released today at 13:00 UTC with a figure of 13.1, while the previous figure was 16.
United States Crude Oil Inventories is projected to outperform its last figure with 200,000. It previously stood at -1.73 million; data will be released tomorrow at 14:30 UTC. United States New Home Sales (Sep) is expected tomorrow at 14:00 UTC.
3 months ago ProShares UltraShort MSCI Brazil Capped reached a significant high of $34.1 but has consequently lost 43.49% since then.