Technology and Semiconductor ETFs Looking Weak

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Direxion Technology Bear 3X Shares (AMEX:TECS)

AMEX:TECS Direxion Technology Bear 3X Shares

trendanalysis technology semiconductor soxs tecs

Both TECS and SOXS have descending triangles at present. I've decided to take advantage but please have tight stops and be aware of false breakouts (which have admittedly been happening a lot lately).

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