Fibonacci retracement is a powerful technical strategy that reveals potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can determine key price points where trends may reverse. This method provides valuable insights into market momentum, enabling traders to make informed decisions about entry
Equal weight exchange-traded funds represent a unique approach to portfolio construction by allocating uniform weights to each holding within the fund. This approach differs from traditional market-cap weighted ETFs, which give larger weightings to companies with higher market capitalizations. By distributing assets evenly, equal weight ETFs aim to
The Invesco UltraShort NASDAQ ETF (QID) is a popular choice for investors seeking participation to short-term movements in the tech-heavy NASDAQ index. With its triple leverage, QID aims to deliver three times the daily returns of its benchmark, making it a risky investment suitable for experienced traders rather than long-term investors. Understan
The RSPT ETF has gained considerable attention recently due to its solid performance. Market Enthusiasts are actively observing its performance as it navigates the current market conditions. A thorough analysis of RSPT's assets reveals a diversified strategy that potentially contribute to its steady returns. However, it's essential to carefully con