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 technique provides valuable insights into market momentum, enabling traders to make informed decisions about entry

The ProShares Ultra SmallCap 600 ETF (UWM) aims to generate returns that are double the performance of the Russell 2000 Small Cap Index. This leveraged ETF targets small-cap securities, providing investors with a way to could increase their exposure to this segment of the market. However, it's essential to comprehend the challenges associated with