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TMCNet: 20.9% Return Seen to Date on SmarTrend Rydex 2x S&P 500 ETF Call (RSU)

[April 19, 2012]

20.9% Return Seen to Date on SmarTrend Rydex 2x S&P 500 ETF Call (RSU)

Apr 19, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Rydex 2x S&P 500 ETF (NYSE:RSU) on December 27th, 2011 at $40.18. In approximately 4 months, Rydex 2x S&P 500 ETF has returned 20.93% as of today's recent price of $48.58.


In the past 52 weeks, Rydex 2x S&P 500 ETF share prices have been bracketed by a low of $29.29 and a high of $50.95 and are now at $48.58, 66% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

Rydex 2x S&P 500 ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to provide investment results that will match the performance of 200% of the performance of the S&P 500 Index.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Rydex 2x S&P 500 ETF shares.Log in and add Rydex 2x S&P 500 ETF (RSU) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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