The Relative Strength Index (RSI) is a vital indicator that can drastically enhance your trading performance. It quantifies the magnitude of recent price changes to evaluate overbought or oversold conditions in a market. By understanding RSI signals, traders can identify potential buy and sell entry points. A well-versed trader leverages RSI to mit
Direxion TECL provides a compelling opportunity for enthusiasts seeking amplified exposure to the technology sector. This turbocharged ETF seeks to deliver three times the daily performance of the Nasdaq 100 Technology Sector Index, enabling investors to capitalize on potential tech sector gains. However, it's crucial to understand the inherent ris
Navigating turbulent world of Nasdaq trading can be a daunting feat. For investors seeking to profit from potential market declines, shorting ETFs like PSQ and SQQQ present a intriguing opportunity. PSQ, the ProShares ETF tracking inverse QQQs, offers triple the daily inverse returns of the Nasdaq 100 index, while SQQQ, the Invesco DB Commodity Ind