Fibonacci retracement is a powerful technical strategy that reveals potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can locate key price points where trends may stall. This technique provides valuable insights into market momentum, enabling traders to make informed decisions about entry a
Investors seeking to profit from market downswings often turn to short ETFs, instruments designed to benefit in value when benchmark indices drop. The ProShares UltraPro Short Dow 30, or DXD, is a prominent example of this type of investment. It leverages three times the daily fluctuations of the Dow Jones Industrial Average, meaning that for every
The Retail sector has been a focal point for investors recently. With its significant impact on the broader economy, understanding patterns within this sector is crucial. The RSPC ETF, which tracks the performance of prominent consumer discretionary companies, offers a easy way to gain exposure this shifting market. Interpreting the ETF's data can
The Invesco Russell 2000 Equal Weight ETF (ROM) presents investors with a unique opportunity to secure exposure to the small-cap segment of the U.S. equity market. This ETF mirrors the performance of the Russell 2000 Index, which comprises 2000 of the smallest publicly traded companies in the United States. However, unlike a traditional capitalizat