$iShares Semiconductor ETF(SOXX)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ $Micron Technology(MU)$ SOXX is showing a double top pattern. There are two lower gaps that still need to fill, and RSI and MACD are rolling over on the 4-hour chart. The cup and handle setup looks bullish once the handle forms.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  A shallow pullback that holds the psychological 150 level looks like a high conviction continuation setup, with the next target being a clean break of the 152.50 wall.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Holding for now. I don't see any way we stay below $45 from here. So far I've given back 20% of my $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  profit from last week.

$ARM Holdings(ARM)$ Very impressive breakout. Even the bears probably have to admit this one looks strong. $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Intel(INTC)$  $Advanced Micro Devices(AMD)$  $iShares Semiconductor ETF(SOXX)$ 

Today is permabear Michael Burry day. $SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$  $iShares Semiconductor ETF(SOXX)$  $NEBIUS(NBIS)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 

The market is looking extremely bullish right now, with the Nasdaq up more than 2%, Bitcoin pushing higher, and major tech names like $Meta Platforms, Inc.(META)$ , $Advanced Micro Devices(AMD)$ , and Intel showing strong momentum. What makes this move interesting is that there doesn't seem to be one clear catalyst behind it, though the 10-year Treasury yield falling below 5% could be helping sentiment even with the continued uncertainty around oil prices and geopolitical tensions. A lot of these names are already technically overbought, so I wouldn't want to chase at elevated levels, but I also wouldn't try to call the top and short too early while momentum stays this strong. I'm staying patient

SPXMarket is looking bullish, as expected from last week. $Invesco QQQ(QQQ)$  is quite strong and heading towards 731 / 736. Watching the higher levels around 7715 / 7730 and lower levels around 7680 / 7665. $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $iShares Semiconductor ETF(SOXX)$ 

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The trend for SMH has turned positive. For SOXL, the trend is what matters most here, and the rest is just noise when it comes to deciding on SMH or SOXL.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Nice break above the 21. If it opens above the 21 and takes out Friday's high, I think the 50-day around 136.00 looks reachable.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ should print 130s and $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  should 30s overnight. $iShares Semiconductor ETF(SOXX)$  $VanEck Semiconductor ETF(SMH)$  $Roundhill Memory ETF(DRAM)$ 

NQNasdaq future is only 3% away from ATH. $SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$  $ProShares UltraPro QQQ(TQQQ)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 127.36+3.69 +3% popped right out of the gate, building on the positive momentum after the FOMC. Seeing broad-based participation, it's not just the memory chips moving. INTC +3.9% was the biggest overnight chip gainer.

Chips and select techs are leading the market up. $SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$  $iShares Semiconductor ETF(SOXX)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $ProShares UltraPro QQQ(TQQQ)$ 

Chips and select tech names are leading the gains for now. $Invesco QQQ(QQQ)$  $SPDR S&P 500 ETF Trust(SPY)$  $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  $Roundhill Memory ETF(DRAM)$  $iShares Semiconductor ETF(SOXX)$ 

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  106.14SOXL is up 2.15 points, or 2.1%, in overnight trading but has pulled back from the 108.30 overnight highs. SKHY is up 2.4% and DRAM is up 1.9%. Honestly, they should just rename DRAM to YOYO because it keeps going up and down, down and up. You wait for it to finish going down, then you hop on and it goes right back up. Watching SKHY, DRAM, MU, SNDK, and the others. When the sector rallies, SOXL rallies. When they dump, SOXL dumps.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ We keep making higher lows. Price action is what matters here. Everything else is just noise.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  60% of the board was saying we'd hit 90 today. We're trading green though. Some people are going to learn the hard way. 110+ by Friday.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ There's a chance we don't see a rate hike. I know the probability is high, but if there isn't one, I can see a surge rally. Either way, I just don't think a rate hike does much to SOXL at this point. It's been priced in all week.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Hiking 25 bp is pointless. The 2 year treasury is already at 4.7 and restricting nothing with inflation still running hot. This is still a bull market, same action as back in March before the big move up.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I got back in at $101.39. Holding overnight into tomorrow.