Direxion Daily Semiconductor Bull 3x Shares
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Heading toward 106 by 08/15 and 77 by 2019

Unless resistance line is broken, i say we are in the bear market.

Just look at the volumes at the prices ranges.

Big volumes at 95. That means if break bellow, panic selling will commence, and this will drag us down below $80.

Also, most bought at $20 and $40 so unless they are all stupid, and i don;t think so. They will be taking profits. To enter at a lower position.

I think we have to have ABC correction here, if we are aiming to go as high as $400.

~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/

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Thank you,
Ajion

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