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Proshares UltraShort Semiconductors (SSG) Enters Oversold Territory

In trading on Tuesday, shares of the Proshares UltraShort Semiconductors ETF (SSG) entered into oversold territory, changing hands as low as $17.03 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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