Fibonacci retracement is a powerful technical tool that identifies potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can pinpoint key price points where trends may stall. This method provides valuable insights into market momentum, enabling traders to make strategic decisions about entry an
Investors seeking to profit from market declines often turn to short ETFs, instruments designed to benefit in value when benchmark indices fall. The ProShares UltraPro Short Dow 30, or DXD, is a prominent example of this type of investment. It leverages three times the daily changes of the Dow Jones Industrial Average, meaning that for every 1% dro
In the unpredictable landscape of the stock market, investors seek for opportunities to capitalize from both bullish and bearish trends. The ProShares Short Dow 30 ETF (DOG), a popular investment vehicle, allows investors to invest in a short position on the Dow Jones Industrial Average (DJIA). This article provides a detailed performance analysis