Jul. 07, 2025 9:21 PM ETProShares UltraPro S&P500 ETF (UPRO)UPROMacroGirl1.67K FollowersProShares UltraPro S&P500 ETF offers 3x S&P 500 exposure. Despite a bullish outlook for the S&P 500, chasing UPRO after an extended rally is risky due to increased pullback potential and diminishing rewards.A better tactic is to wait for a dip—ideally near the 5945 support level—before entering, as this improves risk/reward and recovery odds.Given the strong economic backdrop and positive earnings revisions, a well-timed entry into UPRO could capture further upside into year-end.Klaus VedfeltAs stock markets break to new all-time highs and continue higher in a blow-off rally, it is tempting to use leverage to supercharge those gains with an instrument like the ProShares UltraPro S&P500 ETF (NYSEARCA:UPRO). But isThis article was written byMacroGirl1.67K FollowersMy approach is long-term and I focus on investing in macro ideas through low risk ETFs and CEFs. I have traded stocks and currencies for nearly ten years and currently run a family fund with my partner and fellow SA contributor Andrew McElroy. I also invest in real estate and am a freelance writer and contributor to Matrixtrade.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments