$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ it's very important that you read this and take it to heart. there's a lot of technical damage that's been done this week number one number two there's a lot of margin calls people are going to get liquidated because they were leveraged last week and they got their feathers clipped and that's going to cause selling pressure in the late afternoon hours. number three there's still an enormous order book of limit orders to sell across the board in tech stocks there's institutions hedge funds pension plans individuals that are going to use any short-term rally to sell into which will limit the upside potential so be very very careful if you say I got to buy it I'm losing the opportunity it's going to bounce.