Moving averages are essential tools in the arsenal of any skilled trader. By smoothing out price fluctuations, they reveal underlying trends and provide valuable insights into market behavior. One particularly promising application of moving averages is crossover strategies, which capitalize on the convergence of different average lengths. When a s
The ProShares UltraPro Short S&P 500 ETF (SPXU) is a leveraged product designed to multiply the inverse returns of the S&P 500 index. This means that for every 1% decrease in the S&P 500, SPXU aims to increase by 3%. While this possibility for amplified gains can be attractive for traders seeking short-term exposure to market retractions, it's cruc
The Financial Select Sector SPDR Fund (XLF) offers a direct look into the performance of the financial sector. With markets experiencing constant transitions, examining XLF's performance can reveal trends on the overall health and outlook of this crucial sector. Traders are keenly tracking XLF's movements to assess market sentiment and make calcula