The Relative Strength Index (RSI) is a crucial indicator that can drastically enhance your trading performance. It measures the magnitude of recent price changes to assess overbought or oversold conditions in a market. By recognizing RSI signals, traders can spot potential buy and sell entry points. A well-versed trader utilizes RSI to reduce risk
Exchange-traded funds, or ETFs, have become a popular investment choice for investors of all experience degrees. Essentially, an ETF is a type of investment product that mirrors the performance of a particular index, such as the S&P 500 or the Nasdaq Index. Comparable to individual stocks, ETFs are exchanged on stock exchanges throughout the day.
The ProShares UltraShort Russell 2000 ETF (SRTY) functions as a leveraged instrument designed to amplify the inverse performance of the Russell 2000 Index. This index comprises small-cap U.S. equities, providing exposure to a segment of the market known for its riskiness. SRTY aims to achieve double the daily inverse returns of the index, making it