The Direxion Daily Technology Bull 3X Shares, trading under the ticker TECL, seeks daily investment results of 300% of the performance of the Technology Select Sector Index. The Direxion Daily Technology Bear 3x Shares, trading under the ticker TECS, similarly seeks to magnify returns on the performance of the Technology Select Sector Index, but this time by seeking daily investment results of 300% of the inverse of the Index.