$SOXL #Contract Trading
Short Alert | SOXL Funding Rate Change
Current funding rate +0.0875% (longs pay, shorts receive)
Previous funding rate +0.0784% (longs pay, shorts receive)
Funding rate change +0.0091%
The funding rate paid by longs keeps increasing, indicating that longs are building positions
Market makers may be hunting longs
Current price 62.1600
Trigger level 61.0900
Invalidation level 67.7544
Watch levels 58.4304 / 54.7008
Market clues: Current funding rate +0.0875% (longs pay, shorts receive) / Previous funding rate +0.0784% (longs pay, shorts receive) / Funding rate change +0.0091% / The funding rate paid by longs keeps increasing, indicating that longs are building positions / Market makers may be hunting longs
A sustained change in the funding rate indicates that positions are tilting to one side. You can position yourself early to follow the move with a short; the invalidation level is the stop-loss level.
Short Alert | SOXL Funding Rate Change
Current funding rate +0.0875% (longs pay, shorts receive)
Previous funding rate +0.0784% (longs pay, shorts receive)
Funding rate change +0.0091%
The funding rate paid by longs keeps increasing, indicating that longs are building positions
Market makers may be hunting longs
Current price 62.1600
Trigger level 61.0900
Invalidation level 67.7544
Watch levels 58.4304 / 54.7008
Market clues: Current funding rate +0.0875% (longs pay, shorts receive) / Previous funding rate +0.0784% (longs pay, shorts receive) / Funding rate change +0.0091% / The funding rate paid by longs keeps increasing, indicating that longs are building positions / Market makers may be hunting longs
A sustained change in the funding rate indicates that positions are tilting to one side. You can position yourself early to follow the move with a short; the invalidation level is the stop-loss level.