ProShares UltraShort Technology Price & Performance (REW)

ProShares UltraShort S&P500 (SDS) recently crossed its 200-day moving average, closing at $21.34 after hitting a high of $21.80. The ETF's 200-day average stands at $19.97, reflecting significant investor interest. With a trading volume of over 7 million shares, this development indicates heightened market bearishness on large-cap U.S. stocks.12

ProShares UltraShort QQQ (QID) climbed above its 200-day moving average of $34.10, ending at $37.70. Institutional investors have shown strong interest, with Ridgepath Capital Management and Trek Financial making substantial investments. This ETF tracks inverse performance of the NASDAQ-100, appealing to those anticipating tech sector declines.34

Inverse ETFs, including ProShares UltraShort S&P500 and Direxion Daily Semiconductor Bear 3x Shares, are attracting traders amid economic concerns. These funds, designed to profit from market downturns, have seen increased activity. Leveraged inverse ETFs like SOXS and KOLD offer amplified returns but carry significant risks, requiring careful consideration.25