Our early indications were for a sale going to the close, but as the room called it, a high probability for the MiM fake out and that was what we saw. About 330M to sell on just before the 3:45pm lockup only to find that past lockup a pile of buy MOCs came in and drove the reveal positive. The first MOC imbalance to was > +100M.
Our 2nd chart below shows how around 15:45 the sell side didn’t fluctuate much, we had that data pretty much inline, but the buy side nearly doubled.
Worth watching more follow through to the upside.
