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ProShares Ultra Silver AGQ

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Silver SubindexSM. The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts and forward contracts) based on the benchmark. The types and mix of Financial Instruments in which the fund invest may vary daily at the discretion of the Sponsor. It will not invest directly in any commodity.


ARCA:AGQ - Post by User

ProShares Ultra Silver > Patterns
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Comment by Stocksnchartson May 20, 2011 11:32am
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Post# 18606833

RE: Patterns

RE: PatternsTaking profits on Silver today. It can surge up a little today, but watch out come Monday. The financial sector broke a major support, and this is a serious concern for Silver. Another downdraft similar to early May is coming for Silver imo.

Don't be caught next week.

https://cyclicalmarketanalysis.blogspot.com/

SC
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