$SpaceX(SPCX)$ $Invesco QQQ(QQ

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$SpaceX(SPCX)$ $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ This chart shows the bullish institutional footprint for SpaceX on day 3 after its IPO. It reveals significant institutional accumulation. The gravitational price levels are the gray dotted lines. Price has moved significantly away from the institutional boundaries established on day 3, and is heading toward the IPO offering support level of $135.90 - the red dotted line.

Nasdaq fast-tracked SPCX's eligibility for the Nasdaq 100 (QQQ) index after just 15 trading days. Passive funds are structurally required to start absorbing shares, which should keep the price above the IPO price of $135.00.

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