Fibonacci retracement is a powerful technical analysis that analyzes potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can pinpoint key price points where trends may hesitate. This technique provides valuable insights into market momentum, enabling traders to make strategic decisions about
Investors seeking to profit from market downswings often turn to short ETFs, instruments designed to increase in value when benchmark indices fall. The Direxion Daily Dow Jones Industrial Average Bear 3X Shares, or DXD, is a prominent example of this type of investment. It leverages three times the daily movements of the Dow Jones Industrial Averag
The Consumer Spending sector has been a hot topic for investors recently. With its significant impact on the broader economy, understanding patterns within this sector is crucial. The RSPC ETF, which follows the performance of prominent consumer discretionary companies, offers a convenient way to invest in this dynamic market. Examining the ETF's p
The Invesco Russell 2000 Equal Weight ETF (ROM) presents investors with a unique opportunity to achieve exposure to the small-cap segment of the U.S. equity market. This ETF tracks the performance of the Russell 2000 Index, which includes 2000 of the smallest publicly traded companies in the United States. However, unlike a traditional capitalizati