Upon further review of the charts, I have decided to close out the SOXS (3x bearish semiconductor ETF) swing trade early here around the 14.97 level, just below where the first target was hit yesterday for a 15.5% gain.
SOXS daily Oct 30th
While I may look to add the SOXX, SOXL or select individual semiconductor ETFs as long-side bounce trades soon, I will also be looking to re-position short on the semis once it appears that the next counter-trend bounce has likely run its course.