The Relative Strength Index (RSI) is an essential indicator that can significantly enhance your trading results. It gauges the magnitude of recent price changes to assess overbought or oversold conditions in a market. By grasping RSI signals, traders can identify potential buy and sell trading moments. A well-versed trader leverages RSI to mitigate
Direxion TECL provides a compelling opportunity for investors seeking amplified exposure to the technology sector. This leveraged ETF seeks to deliver three times the daily performance of the Nasdaq 100 Technology Sector Index, allowing investors to capitalize on potential tech sector gains. However, it's crucial to understand the compounding natur
Navigating the volatile world of Nasdaq trading can be a daunting feat. For traders seeking to capitalize on potential market downturns, inverse ETFs like PSQ and SQQQ present a compelling opportunity. PSQ, the ProShares ETF tracking inverse QQQs, offers triple the daily negative performance of the Nasdaq 100 index, while SQQQ, the SPDR DoubleDown