Over the last year, buyers of the levered Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) have been astute market timers - generally buying dips and selling rallies. As the selling of semiconductor shares intensified this week, five-day inflows topped $1.8 billion on Tuesday - the highest since February 2021. Time will tell if their success continues with this most recent dip. Watch for large outflows if the downtrend continues to see if they've thrown in the towel.
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