Fibonacci retracement is a powerful technical analysis that reveals potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can pinpoint key price points where trends may reverse. This approach provides valuable insights into market momentum, enabling traders to make strategic decisions about ent
Investors seeking to profit from market downswings often turn to short ETFs, instruments designed to increase in value when benchmark indices fall. The ProShares UltraPro Short Dow 30, or DXD, is a prominent example of this class of investment. It leverages three times the daily movements of the Dow Jones Industrial Average, meaning that for every
The Retail sector has been a hot topic for investors recently. With its significant impact on the broader economy, understanding patterns within this sector is vital. The RSPC ETF, which mirrors the performance of top consumer discretionary companies, offers a accessible way to gain exposure this dynamic market. Interpreting the ETF's results can p
The Invesco Russell 2000 Equal Weight ETF (ROM) offers investors with a unique opportunity to gain exposure to the small-cap segment of the U.S. equity market. This ETF mirrors the performance of the Russell 2000 Index, which includes 2000 of the smallest publicly traded companies in the United States. However, unlike a traditional capitalization-w