This could feed into more strength for leveraged funds like the Direxion Daily Energy Bull 3X Shares (ERX). ERX seeks daily investment results equal to 200% of the daily performance of the Energy Select Sector Index. The Direxion Daily Technology Bear 3X ETF (TECS) gained 5% during Wednesday's trading session as a tech sell-off ensued, following inflation data showing that the consumer price index reached a three-decade high.