Direxion Daily Semiconductor Bull ETF closes 13.35% lower; $106.06 support ahead

Photo: The Cryptonomist
The Direxion Daily Semiconductor Bull 3X Shares ETF closed at $110.54 on Wednesday, with price below all three exponential averages confirming a bearish daily setup. The hourly chart reinforces that bias. However, a positive 15-minute MACD histogram offers only a limited counterpoint. Key takeaways SOXL closed at $110.54 on October 14, 2026, losing 13.35% from the previous close of $127.57. The daily close sits below the 200-session EMA at $122.27, the 20-session EMA at $138, and the 50-session EMA at $138.31.
Source: The Cryptonomist






