UNLEASHING PROFIT POTENTIAL: MASTERING FIBONACCI RETRACEMENT IN TRADING

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 hesitate. This method provides valuable insights into market momentum, enabling traders to make strategic decisions about entr

Short selling has long been a popular strategy for investors seeking to profit from decreases in asset prices. The ProShares UltraPro Short S&P500 ETF (SDS) provides a leveraged instrument for investors to enter in this strategy. SDS seeks to deliver three times the inverse return of the S&P 500 Index. This article investigates the performance of S