$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ It's moving in a very similar way to when it was around 72.
Still holding on somehow.
It is likely to drop sharply from the sideways movement.
In order to confirm the monthly dead cross of the SOX index.
It is confirmed that it will decline by double digits this week, so be careful of fake rallies.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
While other sectors are rising, the semiconductor sector is being left behind.
The reason for the stock price declining even after NVDA posted good earnings is that it is determined that future rapid growth like in the past cannot be expected.
The current situation is that funds are rapidly leaving the semiconductor sector and flowing into other sectors.
It is completely a semiconductor sector downturn period. There may not be much expectation for the year-end rally.
Even if it rises, it will be marginal. It seems very difficult to return to the levels of 50-70 as in the past.
I bought back SOXL the other day, but I determined that there is no more potential, so I sold all of it by the close today.
As the appeal of SOXS is diminishing as well, I am considering watching the situation of the semiconductor sector while observing the trends of other sectors.
The SOX is in a period of stagnation. Further decline is likely expected next week.
I expect the SOX index to have a death cross on the monthly chart and rebound at the 200MA. If you were to buy, now would be the time.
Alright then.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Based on the current feeling, SOXL will definitely drop to 20.
Looking at the monthly chart, it would be ideal for support and rebound around the 20 level.
Let's watch over with warm eyes for now.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Now that the monthly chart has completed a Death Cross, further decline is expected to occur this week.
In the past, confirming the monthly Death Cross has led to a 40% decline.
This week, another double-digit percentage decline is expected, so holders need to be cautious.
Depending on NVDA's financial results, the trend is likely to become significant.
I plan to enter the market when the trend changes.
Thank you in advance for today as well.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Today, if it falls, the weekly chart will be confirmed in the form of breaking down the triangle consolidation.
I believe.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Lower limit of a triangular consolidation pattern.
Daily chart 200-day moving average support.
Around RSI 40.
Pessimistic comments are increasing.
A rebound is expected to occur from today.
I sold all S last night and switched to L. I have invested 70% of my assets.
If it declines today, I will cut losses without hesitation on L. In that case, the SOX index is likely to plummet to the bottom of the abyss.
However, I am confident that it will rise.
Thank you for your support today.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
It fell as expected.
It will move significantly depending on tonight's CPI results.
Thank you for today as well.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
I have been saying it since last month.
It will fall until mid-November, and that's when the buying opportunity arrives.
I have said it over and over again until I'm blue in the face.
The imminent reversal is approaching.
It is a perfect timing to break through the triangle consolidation and soar above the clouds.
It is likely to surge during NVDA's earnings announcement.
I plan to soon close my short positions and switch to long positions.
First of all, let me say this. The stock will continue to fall tonight.
Thank you for today as well.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Good evening.
This is the N Monday forecast and analysis of N, L, and S expectations for OctoberIt's a long text with lots of N, L, S, SOXX, QQQ, SPY chart images, so it's better to have a cup of coffee or something while viewing ☕
Let's start with N's Monday forecast first
As Enu rebounded from 119.26 swing low, in order to continue the upward potential, it must break through the micro resistance of 123.40.If it breaks through, the likelihood of rising to 124/126 increases.If it falls below 118.66/117.60 (117.81), it will break down to 115/113.
Enu chart forecast for Monday.👇
In October, the key point is whether it will break through the descending trend line.I expect to go mountain climbing once in October.If it cannot break through the descending trend line and falls below 118.66/117.60(117.81), it may drop to 106, then bounce back, rise to around 121, and then potentially decline towards the end of October...