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 uncover potential trends and suggesting buy or sell opportunities. By analyzing these market signals, technicians attempt to Break
The ProShares UltraPro Short S&P 500 ETF (SPXU) is a leveraged product designed to multiply the inverse returns of the S&P 500 index. This means that for every 1% decrease in the S&P 500, SPXU targets to increase by 3%. While this possibility for amplified gains can be attractive for traders seeking brief exposure to market declines, it's crucial t
The energy sector has experienced significant volatility in recent months, driven by factors such as global supply patterns and geopolitical events. The Energy Select Sector SPDR Fund, a popular instrument for tracking the performance of energy companies, has mirrored these shifts. This article dives into the XLE ETF's recent returns, examining key