SOXL is a leveraged exchange-traded fund that aims to deliver three times the daily return of an index containing the thirty largest U.S. semiconductor firms. The fund accomplishes this by allocating at least 80% of its holdings to swap agreements, index securities, and related ETFs. As a non-diversified fund, it concentrates its investments to track a modified market-cap-weighted index of major semiconductor companies.

entry readiness 87 · STRONG SETUP · exit proximity 0

Value area 84.12–172.12 · 99% of 120d volume overhead · heavy supply