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14:07 I’m sitting here watching SPCX. The screen hasn’t moved much; jotting down a few notes.


Q: Which candle was busiest last night? A: 22:00, 6.39 million contracts.
Q: What did it do? A: Went from 137.17 to 142.38, a 3.8-point move in one go.
Q: What happened after that? A: It spent the next sixteen hours grinding between 140.57 and 142.68.
Q: What came of that? A: Nothing. The 14:00 candle had 18,521 contracts,
1.4% of average volume. That’s not trading; it’s limit orders nodding to each other.
$SPCX Now at 141.77; the chart shows a close at 141.90, with MA20 at 141.24 below.
24-hour turnover is 40.22 million U, a bit higher than at this time last night.
I’m staying put. If it can’t get above 142.68, it’s just spinning its wheels; only a break below 140.57 would give us a direction.
Funding rate is 0; neither longs nor shorts pay, which means nobody’s willing to rush in.
(Not investment advice. Trade at your own risk.)
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SPCXSPCX+0.20%


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