Tomorrow is a big test day for SPCX, which has previously established a warehouse. If you hold it, you may need to pay attention to it. Because this will be the last wave of passive buying before unlocking, and the amount is not small. The Nasdaq 100 index fund will start buying after the close on July 6th and officially take effect before the opening on July 7th. JPMorgan estimates that this wave alone can bring about $4.3 billion in passive inflows, and if all passive funds tracking the Nasdaq 100 are included, the theoretical upper limit can reach $27 billion. The next wave of passive buying will take a long time, but the S&P 500 will reject it due to profit requirements, and it may not be possible until mid-2027 at the earliest. ~~~~~~~~~ List the timeline (Melbourne time, Beijing time needs to be reduced by 2 hours): Before 5:50 AM on Tuesday morning The deadline for closing price transactions (MOC) orders in the US stock market is 3:50 PM. If you want to sell your goods directly into the closing auction and make a deal with the passive fund's buying counterparty, you need to place the MOC order in IBKR before this point. Tuesday morning at 6:00 AM The US stock market officially closed with the inclusion print landing. This is theoretically the most concentrated period of buying pressure, with JPMorgan estimating that passive buying of approximately $4.3 billion will mostly occur after the close of trading on July 6th. Index funds (ETFs, mutual funds) must buy this stock at the time it takes effect, and in order to track the index as much as possible, they usually complete the transaction in one go at the closing call auction. Therefore, in the last few minutes, especially the Closing Auction, there will be a very large trading volume - this is the inclusion print. Tuesday 6:00-10:00 AM In the post market period of the US stock market, if the closing bid rises, there is still a window for selling after the market closes. Starting from 6:00 PM on Tuesday evening, trading in the US stock market will begin before the opening hours on July 7th. On Tuesday evening at 11:30 PM, the market officially opened on July 7th, and SPCX began trading as a 100 component stock of the Nasdaq. If you plan to bet on the opening inertia to rise before leaving, this is the time. I am highly likely to take profit from my previous position and leave at some point tomorrow. If I make enough moves, I will consider opening some short positions. What about you?