ProShares UltraShort MSCI EAFE Price & Performance (EFU)

EFU has revised its trading strategies, focusing on shorting at resistance levels. Current short targets include 13.6, 13.74, and 13.94, with corresponding stop-loss levels. Buy signals emerge only if resistance breaks higher, indicating a cautious approach given the lack of strong support levels for the stock.1

ProShares Ultrashort MSCI EAFE (EFU) is testing key resistance points. Traders are advised to short near 13.6, 13.74, or 13.94, depending on the trading strategy. Breakouts above these levels could trigger buy signals, but caution is warranted due to weak support levels. Stop-loss measures are emphasized to manage risks.1

EFU’s trading plans reveal a mixed outlook. Short opportunities arise at resistance levels, while potential buy signals depend on resistance breakouts. Day traders and swing traders are provided with specific entry and exit points, but the overall strategy reflects caution amid weak support and volatile market conditions.1