AMEX:SOXL   Direxion Daily Semiconductor Bull 3x Shares
We should get a bounce at the first fib 47+-
Second fib is 38+-

A 1 percent rise in bond yields is approximately 10% drop in the SPY or NDX
If you think we'll see 4 rate hikes this year that would be 2% rise in yields, or 20% drop in SPX

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