$SOXL #SOXL #Contract Trading

Short Alert | SOXL Funding Fee Change

Current Funding Fee +0.0247% (longs pay shorts)
Previous Funding Fee +0.0506% (longs pay shorts)
Funding Fee Change -0.0258%
The funding fee has fallen back from a high point, with shorts beginning to take control of positions
Longs may be squeezed
Current Price 104.08
Trigger Price 99.8000
Invalidation Price 107.68
Observation Levels 98.8760 / 93.6720
Market Clues: Current funding fee +0.0247% (longs pay shorts) / Previous funding fee +0.0506% (longs pay shorts) / Funding fee change -0.0258% / The funding fee has pulled back from a high, with shorts starting to take control / Longs may be squeezed

Ongoing funding fee changes indicate positions are leaning to one side. You can set up in advance to follow the short; the invalidation price is the stop-loss.