Proshares Ultra MSCI Emerging Markets (EET) Shares Cross Below 200 DMA

In trading on Monday, shares of the Proshares Ultra MSCI Emerging Markets ETF ( EET) crossed below their 200 day moving average of $76.03, changing hands as low as $73.35 per share. Proshares Ultra MSCI Emerging Markets shares are currently trading off about 4.6% on the day. The chart below shows the one year performance of EET shares, versus its 200 day moving average:

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Proshares Ultra MSCI Emerging Markets 200 Day Moving Average Chart

Looking at the chart above, EET's low point in its 52 week range is $59.48 per share, with $90.62 as the 52 week high point — that compares with a last trade of $73.93.