SPCX is all over! The big players are starting to back off, but retail traders are still stubbornly holding on—within seven hours, the whales trimmed long positions by nearly 8 points, the share dropped to 56.5%, and the long/short positions ratio was squeezed down to 1.3x. Yet for the entire crowd of accounts, they’re still piling up with more than 60% bullish. As the contract falls while adding positions, momentum keeps shrinking—both the 4-hour and daily charts are in double DOWN. It failed to hold above 138.24 and tumbled back to 134.6; the previous low at 133.1 is right under its feet.
