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Market Impact: 0.2

SOXS, ASTG: Big ETF Outflows

Market Technicals & Flows

ETF Channel data shows the Direxion Daily Semiconductor Bear 3X ETF had the largest weekly outflow, with 35.1M units destroyed—an 8.9% week-over-week decline. The outflow suggests reduced bearish positioning in semiconductors on a short-term, flow-driven basis.

Analysis

ETF Channel data shows the Direxion Daily Semiconductor Bear 3X ETF had the largest weekly outflow, with 35.1M units destroyed—an 8.9% week-over-week decline. The outflow suggests reduced bearish positioning in semiconductors on a short-term, flow-driven basis.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25