ProShares Ultra S&P500 Breaks Above 200-Day Moving Average - Bullish for SSO

In trading on Wednesday, shares of the ProShares Ultra S&P500 ETF (SSO) crossed above their 200 day moving average of $61.82, changing hands as high as $62.20 per share. ProShares Ultra S&P500 shares are currently trading up about 1.2% on the day..