SPCX TRADE IDEA - POTENTIAL SWING BUY Space Exploration Technologies CorpBATS:SPCXUA_CAPITALMarket Sentiment / Risk Index Risk Index The Risk Index has shifted back into risk on mode following the strong call flow triggered by peace related headlines. This oscillator reads macro conditions and converts them into a technical risk framework. It was developed internally at UA CAPITAL and remains the primary indicator I use for both short term and long term positioning decisions. The Risk Index currently signals the potential for bullish continuation. If geopolitical headlines remain stable and no new negative catalysts emerge, the model suggests that new all time highs remain achievable. For that reason, we will continue focusing exclusively on swing long opportunities from predefined key levels. Scenario / Forecast SPCX has been absorbing significant liquidity since its IPO and is now entering a gradual uptrend phase. We are starting to see the formation of a more constructive tape. Thesis: The 176.25 level previously acted as a major rejection point and marked the prior high. Price revisiting this area and finding support is, in my view, a bullish structural signal. Strategy: A break above the descending trendline followed by a daily close above it would confirm a bullish continuation setup. Invalidation: Daily close below $171 Profit Target: $225–$250 with a potential runner position Notice: My previous SPY, QQQ and individual stock content since 2025 is no longer visible following a TradingView content review. This included my regular weekly outlooks and mid week market updates. I have been consistently publishing structured index and equity market analysis, and I will now rebuild this track record with daily posts going forward. This analysis is for educational purposes only and reflects my personal opinion. It is not financial advice.