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Direxion Daily Semiconductor Bear 3x SharesDirexion Daily Semiconductor Bear 3x SharesDirexion Daily Semiconductor Bear 3x Shares

Direxion Daily Semiconductor Bear 3x Shares

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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 my prediction!!!
Snapshot

SOXS $5 zone is reverse split levels

SOXS around $5.50 good buy

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

SOXS long at 11.05

SOXS reversal confirmed ?

Nvidia is reaching extremely overvalued levels relative to the cost of money (10-year Treasury bonds). Further price increases while Treasury yields are also rising is highly unsustainable from a purely probabilistic perspective, assuming the ratio conforms to a Gaussian distribution.

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NVDA QQQ US10Y SOXL SOXS