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

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Post by Stocksnchartson Dec 18, 2011 12:41pm

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Post# 19332882

$37 Silver coming next

Silver declined as expected, and the triangle support was tested last week. The Silver chart is quite bullish now for a move to $37. The safe haven trade is about to heat up again.

There may be another chance to accumulate in the $45.00 area, but the next target for AGQ would be $70.00.

https://cyclicalmarketanalysis.blogspot.com/2011/12/silver-bullish-triangle.html

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