Rectangle

16 июн. 2022 г.

This is leveraged and volatile. This will go down three times the up move if we have a good market day for semiconductors.
Getting in at a good price is paramount.
Price has broken the upper trendline for now. There is also a double bottom.
Price is not quite overbought with RSI on 80 versus 70.
Price is over the top Bollinger bands.

No recommendation
Golden cross as the 50 is crossing up through the 200.
3 year high is 8040.00

16 июн. 2022 г.

Заметка

Direxion Shares ETF Trust - Direxion Daily Semiconductor Bear 3X Shares is an exchange traded fund launched by Direxion Investments. It is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests through derivatives and through other funds in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors. It employs short strategy and uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track -3x the daily performance of the PHLX Semiconductor Sector Index. Direxion Shares ETF Trust - Direxion Daily Semiconductor Bear 3X Shares was formed on March 11, 2010 and is domiciled in the United States.
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the ICE Semiconductor Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified. Benchmark: ICE Semiconductor TR USD