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 reverse. This method provides valuable insights into market momentum, enabling traders to make strategic decisions about entry
Exchange-traded funds, or ETFs, are increasingly a popular investment option for investors of all experience ranges. Essentially, an ETF is a type of fund that mirrors the performance of a particular asset class, such as the S&P 500 or the Nasdaq 100. Similar to individual stocks, ETFs are exchanged on financial exchanges throughout the market hour
The ProShares Ultra SmallCap 600 ETF (UWM) aims to generate returns that are double the performance of the Russell 2000 Small ProShares Ultra SmallCap 600 ETF Cap Index. This multiplied ETF concentrates on small-cap stocks, providing investors with a way to potentially increase their exposure to this segment of the market. However, it's essential t