Fibonacci retracement is a powerful technical tool that identifies potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can pinpoint key price points where trends may reverse. This method provides valuable insights into market momentum, enabling traders to make informed decisions about entry a
The QID ETF functions as a highly leveraged bearish strategy aimed at the top-tier technology giants. This instrument seeks to amplify the declining performance of the tech powerhouses, providing traders with a way to capitalize from potential market dips. However, it's crucial How QID works in a down market to understand that the magnified nature
The XLY ETF presents a compelling way to participate in the dynamic consumer discretionary market. This sector, defined by companies that create goods and services deemed non-essential, is often remarkably sensitive to economic fluctuations. Investors seeking to capitalize on the potential growth of this sector frequently consider the XLY ETF as a
Navigating turbulent world of Nasdaq trading can be a tricky feat. For investors seeking to exploit potential market downturns, inverse ETFs like PSQ and SQQQ present a intriguing opportunity. PSQ, the ProShares UltraPro Short QQQ ETF, offers triple the daily opposite gains of the Nasdaq 100 index, while SQQQ, the SPDR DoubleDown Shorts Nasdaq ETF,