DIREXION SHARES ETF TRUST DAILY SEMICONDUCTOR BEAR 3X SHS (R/S)DIREXION SHARES ETF TRUST DAILY SEMICONDUCTOR BEAR 3X SHS (R/S)DIREXION SHARES ETF TRUST DAILY SEMICONDUCTOR BEAR 3X SHS (R/S)

DIREXION SHARES ETF TRUST DAILY SEMICONDUCTOR BEAR 3X SHS (R/S)

No trades
See on Supercharts

DIREXION SHARES ETF TRUST DAILY SEMICONDUCTOR BEAR 3X SHS (R/S) forum


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



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.

tradingview.com/x/j8ZpyVmT/
NVDA QQQ US10Y SOXL SOXS