$SOXL #SOXL #Contract Trading
Short Alert | SOXL Funding Rate Change
Current funding rate +0.0236% (longs pay shorts)
Previous period funding rate +0.0024% (longs pay shorts)
Funding rate change +0.0212%
Longs’ funding rate continues to rise, and longs are building positions
Market makers may hunt longs
Current price 104.52
Trigger price 100.15
Invalidation price 106.07
Observation levels 98.2488 / 91.9776
Market clues: current funding rate +0.0236% (longs pay shorts) / previous period funding rate +0.0024% (longs pay shorts) / funding rate change +0.0212% / longs’ funding rate keeps rising, longs are building positions / market makers may hunt longs
Ongoing changes in the funding rate indicate positions are leaning to one side. You can set up and pursue shorts early; the invalidation level is the stop-loss level.
Short Alert | SOXL Funding Rate Change
Current funding rate +0.0236% (longs pay shorts)
Previous period funding rate +0.0024% (longs pay shorts)
Funding rate change +0.0212%
Longs’ funding rate continues to rise, and longs are building positions
Market makers may hunt longs
Current price 104.52
Trigger price 100.15
Invalidation price 106.07
Observation levels 98.2488 / 91.9776
Market clues: current funding rate +0.0236% (longs pay shorts) / previous period funding rate +0.0024% (longs pay shorts) / funding rate change +0.0212% / longs’ funding rate keeps rising, longs are building positions / market makers may hunt longs
Ongoing changes in the funding rate indicate positions are leaning to one side. You can set up and pursue shorts early; the invalidation level is the stop-loss level.