$SOXL sky! Prices are being smashed down—futures positions aren’t shrinking but are actually increasing. The shorts are opening new positions and lighting the fuse—this round still has room to fall. Aggressive sell orders are grinding the buy orders down to the ground; the lower the price goes, the thicker the positions get, and the sell-side momentum is still strong. More than 80% of the accounts in the whole market are pinned on the long side—once the drop starts, it’s all panic selling as fuel, and none of the people catching the knife can escape.