Technical analysis aims to predict future price movements in financial markets by studying past market data. Investors utilize various tools and indicators, such as chart patterns, moving averages, and oscillators, to reveal potential trends and signaling buy or sell opportunities. By analyzing these market signals, technicians attempt to gain an e
The ProShares UltraPro Short S&P 500 ETF (SPXU) is a leveraged tool designed to amplify the inverse returns of the S&P 500 index. This means that for every 1% drop in the S&P 500, SPXU targets to increase by 3%. While this possibility for amplified gains can be appealing for traders seeking limited exposure to market retractions, it's crucial to gr
The energy sector has experienced extreme fluctuations in recent months, driven by factors such as global demand patterns and geopolitical events. The iShares U.S. Energy ETF, a popular instrument for tracking the performance of energy companies, has mirrored these trends. This article dives into the XLE ETF's recent results, examining key factors