The Relative Strength Index (RSI) is an essential indicator that can substantially enhance your trading performance. It quantifies the magnitude of recent price changes to assess overbought or oversold conditions in a market. By understanding RSI signals, traders can recognize potential buy and sell entry points. A well-versed trader employs RSI to
Direxion TECH provides a compelling opportunity for investors seeking amplified exposure to the technology sector. This turbocharged ETF aims to deliver three times the daily performance of the Nasdaq 100 Technology Sector Index, facilitating investors to capitalize on potential tech sector gains. However, it's crucial to appreciate the inherent ri
Navigating turbulent world of Nasdaq trading can be a daunting feat. For traders seeking to capitalize on potential market downturns, shorting ETFs like PSQ and SQQQ present a unique opportunity. PSQ, the ProShares ETF tracking inverse QQQs, offers treble the daily negative performance of the Nasdaq 100 index, while SQQQ, the SPDR DoubleDown Shorts