Fibonacci retracement is a powerful technical strategy that analyzes potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can locate key price points where trends may hesitate. This method provides valuable insights into market momentum, enabling traders to make informed decisions about entry
An In-Depth Look at DDM's Returns
The ProShares Ultra Dow 30 ETF (DDM) is a popular investment that seeks to deliver twice the daily returns of the Dow Jones Industrial Average. This leveraged ETF has attracted portfolio managers looking for exposure to amplify their profits. However, it's crucial to understand the volatility associated with DDM before investing. Many factors affe
Delving into Direxion TECL: Maximizing Your 3x Tech Bets
Direxion TSCL provides a compelling opportunity for investors seeking amplified exposure to the technology sector. This multiplied ETF seeks to deliver three times the daily performance of the Nasdaq 100 Technology Sector Index, facilitating investors to harness potential tech sector gains. However, it's crucial to appreciate the compounding nature
SHSP vs SPXU : Your Guide to Shorting the S&P 500
Are you feeling bullish on the bear market ? Maybe you think the S&P 500 is primed for a correction . If so, short selling might be an intriguing strategy . But with numerous choices like SDS and SPXU, how do you pick the right weapon to execute your bearish bet ? Let's dive into the nuts and bolts of these two popular securities . Firstly , unde