$CARDS is up 0.2% this week. basically nothing. yet 6 smart money wallets net bought $64K into that flat chart over the same stretch.
the twist: for the 30 days before this, smart money was net SELLING $CARDS, $387K out the door. this week they flipped, one tracked wallet alone put in $190K, another $180K, another $144K, all buying while the group's overall net lands at $64K once the smaller sellers inside it are counted.
fresh tape right now doesn't agree yet: last hour is 47 sells vs 53 buys, $10K sold vs $7K bought. so the week says accumulation, the hour says distribution. that's the tension, not a clean story.
a mind change after a month of selling is worth watching, not worth betting the farm on. just the wallets and the gap, your call. NFA
the twist: for the 30 days before this, smart money was net SELLING $CARDS, $387K out the door. this week they flipped, one tracked wallet alone put in $190K, another $180K, another $144K, all buying while the group's overall net lands at $64K once the smaller sellers inside it are counted.
fresh tape right now doesn't agree yet: last hour is 47 sells vs 53 buys, $10K sold vs $7K bought. so the week says accumulation, the hour says distribution. that's the tension, not a clean story.
a mind change after a month of selling is worth watching, not worth betting the farm on. just the wallets and the gap, your call. NFA