Direxion Daily Technology Bear 3x Shares 

The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000 Technology Index. The Technology Bear 3X Shares does not invest in equity securities.

Technical Observation (on the daily chart): 

TECS's price has found support at key levels and is starting to climb, which suggests a possible shift in market structure. However, given the recent upward movement, the price may undergo a consolidation phase before advancing further. The 14-day Relative Strength Index (RSI) is nearing oversold conditions, hinting at the possibility of a pullback. Additionally, the price is trading above its 50-day Simple Moving Average (SMA), which may provide support in the near future. Key support and resistance levels will be essential in identifying areas of supply and demand.

Individuals can evaluate the ETF based on the support and resistance levels provided in the report in case of keen interest taking into consideration the risk-reward scenario. 

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing. 

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is March 11, 2025 (12:55 pm EST). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Note 4: ‘Kalkine reports are prepared based on the prices captured either from the New York Stock Exchange (NYSE), NASDAQ Capital Markets (NASDAQ), and or REFINITIV. Typically, all sources (NYSE, NASDAQ, or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.