Direxion Daily Dow Jones Internet Bear 3X Shares Price & Performance (WEBS)

The Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) has recently shown significant activity, with technical analysis suggesting both buying and shorting opportunities at key price levels. Notably, WEBS ranked among the top-performing leveraged ETFs last week, gaining 18.88%, amid declining tech stocks.12

The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) ETF is under scrutiny as technical data points to weak near and mid-term ratings. Resistance at $23.57 signals potential shorting opportunities, but no clear support levels suggest caution for buyers. Market conditions remain challenging for tech-focused funds.34

Leveraged ETFs are making waves, with funds like the Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) and others achieving double-digit weekly returns. WEBS, in particular, gained nearly 19% as tech stocks faltered. Investors are advised to monitor these high-risk, high-reward instruments closely.25