$SOXSB (3x inverse semis) is up 24% in 24h as the SOX falls ~10% in 6 sessions. Drivers: rate fears, AI spending doubts, China memory competition. 15m chart: strong uptrend, but price is ~10% above MA99 and volume is fading near the high. Watch 44.9–45.4 as support, 46.52 as resistance. Reminder: it’s a 3x daily-reset product, built for short-term trades, not holding. A chip bounce hurts it fast.