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mmccall121
Mar 22, 2020 12:07 PM

McClellan Summation Index 

Direxion Daily Semiconductor Bull 3x SharesArca

Description

How about adding this Nasdaq and S&P 500 McClellan Summation Index

Comment

got in soxl at $81 with 100 shares holding long since it is way over sold already up $2700
Comments
Peiman97
What can you see SOXL at by the end of the year ?
mmccall121
@Peiman97, Right now just chopping around once this corona virus moves out soxl will move three times faster then the nasdaq 100 or semi conductor sector as this is a 3x etf so if nasdaq 100 moves 10-15% soxl should be up 25-30% remember semi conductors are in most technology right now soxl is in down trend and trying to rally but is still a play at this price look at movement from open to high to close. good luck I bought at $81 that is the lower side of the price range on a weekly chart / monthly chart for in my longer term account plus day trade on a short term account.
Mike
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