UNLOCKING PROFITS WITH FIBONACCI RETRACEMENT

Fibonacci retracement is a powerful technical tool that reveals potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can locate key price points where trends may hesitate. This method provides valuable insights Trading Strategies into market momentum, enabling traders to make informed decision

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