This view is most useful when you focus on signal persistence rather than one isolated marker. If accumulation-style signals keep holding, pullbacks are more likely to be trend pauses than structural breakdowns. Once distribution markers begin repeating more often, the signal shifts from trend support toward late-cycle caution and tighter risk management.

Yes, but the important read is breadth, not just the daily total. When several major issuers post inflows together, the demand base is usually broader and more durable than a one-fund headline spike. If the table shows mixed participation or one dominant issuer carrying the day, the signal is still constructive, but less convincing than a broad-based inflow session.