UNLOCKING PROFITS WITH FIBONACCI RETRACEMENT

Fibonacci retracement is a Bollinger Bands Strategy powerful technical tool that reveals potential support and resistance levels within price movements. By employing the Fibonacci sequence, traders can determine key price points where trends may reverse. This method provides valuable insights into market momentum, enabling traders to make informed

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 mechanism for investors to participate in this strategy. SDS seeks to deliver three times the inverse return of the S&P 500 Index. This article examines the performance of SDS,