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Direxion Daily Semiconductor Bear 3x Shares

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SOXS SOXX SOXL On July 10th and August 29th, SOXS closed at the same level. During this period, SOXX declined only marginally, from 246.5 to 245.33—representing a loss of less than 1%. To put it in perspective, on July 9th SOXX closed at 244.10, and by August 29th it stood at 245.32. Under normal circumstances, one would expect SOXL to remain relatively stable given these minimal movements in SOXX.

However, this was not the case. SOXL fell from 26.63 to 26.04 over the same timeframe. The discrepancy between the relatively flat performance of SOXX and the disproportionate decline in SOXL raises concerns about the structural design and integrity of this leveraged ETF. The numbers suggest that it does not accurately reflect the underlying index performance, which may mislead investors.

SOXS Rocking 22% today. Oops. 23.5% 🚀🚀🚀oops 24% 🎯

NVDA As predicted earlier, it needed to dip below the trendline for a shakeout, providing enough fuel for breaking the overhead resistance. Short term target remains at 170

NVDL TSM SOLX SOXS
Snapshot

NVDA SOXS Should start seeing SOXS ramp up again...




SOXS When do you guys think it will bounce back? Thanks.

SOXS 9hr
Expectations of a late July slowdown for tech. Reviewing an early August target of $13.70. Two levels to clear first, $9.60 and $10.85
Snapshot