-
Posted by
Two Blokes Jul 8 -
Filed in
Stock
-
5 views
ProShares UltraPro S&P500 ETF offers 3x S&P 500 exposure. Despite a bullish outlook for the S&P 500, chasing UPRO after an extended rally is risky due to increased pullback potential and diminishing rewards. A better tactic is to wait for a dip—ideally near the 5945 support level—before entering, as this improves risk/reward and recovery odds. Given the strong economic backdrop and positive earnings revisions, a well-timed entry into UPRO could capture further upside into year-end.
