$SOXL Going long—any pullback is just digging the shorts their own grave. On the four-hour chart there are six candlesticks: four green and two red; net gains are up by more than two points. The daily chart is still hanging over green bars, and the trend structure has never loosened. The 15-minute moving averages pressing down are only short-term noise; treating them as a reversal signal is the shorts making themselves uncomfortable. The spot market is up nearly three points over the past 24 hours, with the high hovering overhead. The spot-side trend hasn’t changed either.