Technical analysis attempts to predict future price movements in financial markets by studying past market data. Traders utilize various tools and indicators, such as chart patterns, moving averages, and oscillators, to reveal potential trends and indicating buy or sell opportunities. By examining these market signals, technicians strive to achieve
The ProShares UltraPro Short S&P 500 ETF (SPXU) is a leveraged product designed to enhance the inverse returns of the S&P 500 index. This means that for every 1% drop in the S&P 500, SPXU aims to increase by 3%. While this possibility for amplified gains can be attractive for traders seeking limited exposure to market retractions, it's crucial to r
The energy sector has experienced significant volatility in recent months, driven by factors such as global consumption patterns and geopolitical events. The iShares U.S. Energy ETF, a popular instrument for tracking the performance of energy companies, has captured these movements. This article dives into the XLE ETF's recent performance, examinin