Proshares UltraShort FTSE Europe (EPV) Enters Oversold Territory

In trading on Friday, shares of the Proshares UltraShort FTSE Europe ETF (EPV) entered into oversold territory, changing hands as low as $15.26 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
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