UPDATE: ProShares Ultra Dow30 (DDM) price as of May 11: 117.08
Averaging the DJIA w/ ProShares Ultra Dow30 (DDM):
Since the 2009 crisis, the DOW Jones Industrial Average (DJIA) has had its fair share of major corrections with the recent three digit decline which we have seen from a 52 week range between 16,631.60 to 14,444.00. But with a 13% yearly average is not too bad at all!
Although,the recent decline from December to February was considered a major corrective move which we now see the current price @16,408.54 as a gradual resumption of its trend higher; with daily corrective pullbacks to be expected. And likewise with the US Dollar decline adding to this bull market trend would be the key component for the Dow to continue or not.
Not Just Forex: ProShares Ultra Dow30 (DDM)
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