AMEX:SOXS   Direxion Daily Semiconductor Bear 3x Shares
The Semiconductor sector has been on a tear for the last year and I don't think they are exempt from what is about to happen in the markets. I am playing SOXS to try to increase my exposure to the down side. SOXS has broken out of the descending channel and I am looking for a move back the 1.618 fib retracement at $5.86. My options play is ITM $4 CALLS for Feb. 4 exp

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