The Relative Strength Index (RSI) is an essential indicator that can drastically enhance your trading results. It quantifies the magnitude of recent price changes to determine overbought or oversold conditions in a market. By grasping RSI signals, traders can spot potential buy and sell entry points. A well-versed trader leverages RSI to reduce ris
Direxion TECL provides a compelling opportunity for traders seeking amplified exposure to the technology sector. This multiplied ETF aims to deliver three times the daily performance of the Nasdaq 100 Technology Sector Index, facilitating investors to exploit potential tech sector gains. However, it's crucial to recognize the compounding nature ass
Navigating rocky world of Nasdaq trading can be a daunting feat. For traders seeking to profit from potential market declines, inverse ETFs like PSQ and SQQQ present a compelling opportunity. PSQ, the ProShares UltraPro Short QQQ ETF, offers triple the daily inverse returns of the Nasdaq 100 index, while SQQQ, the SPDR DoubleDown Shorts Nasdaq ETF,