PSQ closed at $11.31 after losing 2.5% yesterday

Published: May 27 2023, 08:30 GMT+0

PSQ closed at $11.31 after losing 2.5% yesterday

A quick look at yesterday: a tough session dominated by bearish sentiment left PSQ 29 cents lower, while setting a $11.28 to $11.57 session range.

Highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

While price action maintains a negative bias, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

Positive performances can be seen by looking at other markets as Costco is trading around $507.26 after ending yesterday's session at $486.55 (up 4.26% today). Intel went up by 5.84% yesterday, and closed at $29. Netflix went up by 5.54% yesterday, and closed at $378.88.

The fund has been trending lower for about a month. After hitting an important low of $11.3 approximately a day ago, ProShares Short QQQ has bounced back 2.65% since.