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 stall. This method provides valuable insights into market momentum, enabling traders to make calculated decisions about entry
Exchange-traded funds, or ETFs, present themselves as a popular investment option for investors of all experience ranges. 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. Just like individual stocks, ETFs are bought and sold on financial exchanges throug
The ProShares Ultra SmallCap 600 ETF (UWM) seeks to generate returns that are multiplied by the performance of the Russell 2000 Small Cap Index. This leveraged ETF targets small-cap stocks, providing investors with a way to could increase their exposure to this segment of the market. However, it's essential to comprehend the potential downsides ass