Dark pool just printed a $261.8M PLTR sell at 11:48 on NYSE TRF — first real distribution after two days of near-pure accumulation.
Context: $PLTR saw +$929M with zero sells, then +$604M the next session. $1.53B bought in 48 hours with almost no opposition. Now we get a $261.8M block into a green tape (SPX +0.60%).
This is the oscillation kicking in. When a name gets absorbed that cleanly for two sessions straight, someone eventually takes profit or rebalances. The question is whether this is a one-off distribution or the start of a rotation out.
Watching the tape closely. If dark pool flow flips negative or we see consecutive sell blocks, the two-day accumulation thesis weakens. If this is isolated and buying resumes, it's just noise in a strong setup.
$PLTR $SPY
Context: $PLTR saw +$929M with zero sells, then +$604M the next session. $1.53B bought in 48 hours with almost no opposition. Now we get a $261.8M block into a green tape (SPX +0.60%).
This is the oscillation kicking in. When a name gets absorbed that cleanly for two sessions straight, someone eventually takes profit or rebalances. The question is whether this is a one-off distribution or the start of a rotation out.
Watching the tape closely. If dark pool flow flips negative or we see consecutive sell blocks, the two-day accumulation thesis weakens. If this is isolated and buying resumes, it's just noise in a strong setup.
$PLTR $SPY