$SOXS - $SOXX inverse (Press 'ALT + i')

jfsrevg
12-11

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ - $iShares Semiconductor ETF(SOXX)$ inverse (Press 'ALT + i')

The only 'first mover advantage' sort of bear trade via inverse setup I feel it has good risk value. Pre-market index is currently flat but weakness across mega cap semicon eg. $NVIDIA Corp(NVDA)$ Pre-market -1.14%, $Taiwan Semiconductor Manufacturing(TSM)$ Pre-market -1.47%, $Broadcom(AVGO)$ Pre-market -0.92%, $Qualcomm(QCOM)$ Pre-market -0.77%.

There could be a follow through weakness in the group with after china launch of antitrust investigation into Nvdia over alleged monopolistic practices from last session pre-market sell off.

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