SOXS high-level reverse trade—after the longs get a bounce, it’s all about handing the bears knives to keep cutting. All day it turned from the highs; the order book sell walls kept the buy walls from lifting. There was no mercy on the selling pressure. On the contract side, aggressive sell orders also kept the buy orders pinned. With leverage, no one was there to take the long positions—everything was just free money for the other side.