Fibonacci retracement is a powerful technical analysis that reveals potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can determine key price points where trends may reverse. This approach provides valuable insights into market momentum, enabling traders to make strategic decisions about en… Read More
Exchange-traded funds, or ETFs, have become a popular investment option for investors of all experience levels. Essentially, an ETF is a type of security that follows the performance of a particular asset class, such as the S&P 500 or the Nasdaq Composite. Comparable to individual stocks, ETFs are traded on public exchanges throughout the market ho… Read More
The ProShares Ultra SmallCap 600 ETF (UWM) attempts to generate returns that are double the performance of the Russell 2000 Small Cap Index. This leveraged ETF targets small-cap securities, providing investors with a way to may increase their exposure to this segment of the market. However, it's essential to comprehend the challenges associated wit… Read More