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Tomorrow officially joins the Nasdaq 100! $SPCX
Small steps forward, Mige: Hold steady and don't shake.
Brothers, there's a big thing to remember — SpaceX officially joins the Nasdaq 100 index tomorrow! This speed sets a historical record; it entered the index shortly after listing, and institutional allocation funds will arrive soon. SPCX has been making small steps upward today, reflecting this expectation in advance.
After the news takes effect tomorrow, passive funds tracking the Nasdaq 100 must passively buy SPCX, which is real incremental capital. On the technical side, although the price is consolidating around 161.83, MA7, MA25, and MA99 all support from below, with a bullish arrangement intact. Today's low only retraced to 160.19 before being bought up — indicating strong buying interest below.
However, it should be noted that this positive expectation has already been priced in for several days. Once the news officially lands tomorrow, we should be wary of short-term pullbacks in the form of "buy the rumor, sell the news."
Mige's personal suggestion: If you have a position, hold steady; if not, wait for a pullback.
Hold your existing positions; target 164-165. If you haven't entered, wait for a pullback to 160-160.5 before getting in.
Brothers, being included in an index is a genuine long-term positive, but short-term volatility will not be absent. Hold your base position, keep some ammunition for the pullback, and don't go all in on impulse. Get the rhythm right, and the money will come naturally.
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