Sentences with phrase «correlated ultrashort»

Shortly after today's open, we added our second short position in The Wagner Daily model portfolio, through buying the inversely correlated UltraShort Emerging Markets ETF ($ EEV).

Not exact matches

Both our ETF watchlist candidates from the previous day's Wagner Daily newsletter, which were also discussed in this June 22 post, UltraShort China 25 Index ($ FXP) & UltraShort MidCap ProShares ($ MZZ), triggered for entry last Friday, so we are now long both inversely correlated ETFs.

Since selling off to «undercut» support of its 50 - day moving average two weeks ago, the inversely correlated ProShares UltraShort Euro ($ EUO) has been trading in a tightening, sideways range, holding above support of its primary uptrend line and 50 - day moving average.

Over the past four days, we have been tracking the inversely correlated ProShares UltraShort Oil and Gas ETF ($ DUG) for a possible long entry on pullback into the 20 - day and 200 - day moving averages.

Going into today, we are stalking a potential short entry in the Japanese yen through buying ProShares UltraShort YEN ($ YCS), an inversely correlated currency ETF.

Nevertheless, we are now targeting ProShares UltraShort Real Estate ETF ($ SRS), an inversely correlated «short ETF,» for potential swing trade buy entry going into today (detailed trigger, stop, and target prices were already provided to subscribers of The Wagner Daily swing trade newsletter).

We bought ProShares UltraShort Basic Materials ETF ($ SMN) on Nov. 7 and ProShares UltraShort Real Estate ETF ($ SRS) on Nov. 5, two inversely correlated ETFs that move in the opposite direction of their underlying indexes.