DTT Buzz

Over the last two months the UltraShort Real Estate ProShares (AMEX:SRS) has stabilized @ 80 and looks to be setting up to rally if it can break 90 on heavy volume.

After breaking a two month downtrend and creating a rounded bottom type formation, SRS also looks to be creating and inverse head and shoulders reversal. All of these bullish indicators suggest that SRS is setting up to reverse course and rally toward 100. Considering the action of SRS over the last 6 month a rally above 110 over the coming months isn't unlikely.


Best Regard

Keith Greff Jr
Trade Analyst