$SOXL erased a 17% one-day crash in four sessions and closed just under its prior high. I'm leaning short into that level, not chasing the recovery. What holds me back: the tape looks like exhaustion, momentum looks like it wants one more push. On the 12h, every swing high since the September peak has come in lower, none reclaimed. Friday's close was built in the last ten minutes of an expiration session. Why I lean short: - Four of six perspectives cleared our 2:1 reward filter. All four are sell-side; the bullish read declined its own setup. - The bounce was led by the most beaten-down names; the causes of the selloff are flat on the week. - Lower high in price, higher readings in RSI and MACD, the arrangement that preceded a 22% slide this month. Three sell arguments land on one coordinate overhead. That overlap is the trade. ICT reads it the same way: price sits deep in the premium half of the range, near-equal highs just above where stops rest, sell-side liquidity below untaken. Where I'm wrong: a 12h close above that coordinate. Then I flip to buying pullbacks. Risk: a 3x fund gaps against you at triple speed, and Monday's open may sit far from Friday's. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.
Trader SteveShare

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