$SOXL #SOXL #Contract Trading
Long Alert | SOXL Funding Rate Change
Current funding rate -0.0271% (shorts pay, longs receive)
Previous funding rate +0.0000% (longs and shorts flat)
Funding rate change -0.0271%
Short funding continues to deepen, shorts are building positions
The market maker may hunt the shorts
Current price 150.87
Trigger level 152.80
Invalidation level 146.83
Observation levels 159.92 / 168.97
Market clues: current funding rate -0.0271% (shorts pay, longs receive) / previous funding rate +0.0000% (longs and shorts flat) / funding rate change -0.0271% / short funding continues to deepen, shorts are building positions / market maker may hunt the shorts
Ongoing changes in the funding rate indicate positions are leaning to one side. You may set up in advance to follow the long; the invalidation level serves as the stop-loss.
Long Alert | SOXL Funding Rate Change
Current funding rate -0.0271% (shorts pay, longs receive)
Previous funding rate +0.0000% (longs and shorts flat)
Funding rate change -0.0271%
Short funding continues to deepen, shorts are building positions
The market maker may hunt the shorts
Current price 150.87
Trigger level 152.80
Invalidation level 146.83
Observation levels 159.92 / 168.97
Market clues: current funding rate -0.0271% (shorts pay, longs receive) / previous funding rate +0.0000% (longs and shorts flat) / funding rate change -0.0271% / short funding continues to deepen, shorts are building positions / market maker may hunt the shorts
Ongoing changes in the funding rate indicate positions are leaning to one side. You may set up in advance to follow the long; the invalidation level serves as the stop-loss.