UNLOCKING PROFITS WITH FIBONACCI RETRACEMENT

Fibonacci retracement is a powerful technical analysis that analyzes potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can pinpoint key price points where trends may hesitate. This technique provides valuable insights into market momentum, enabling traders to make strategic decisions about

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