Market On Close Imbalance: $2.4B To Sell-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the sell-side with $2.4 billion. This could potentially impact the SPY ETF.
June 28, 2023 | 7:51 pm
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NEGATIVE IMPACT
The sell-side imbalance of $2.4 billion could potentially lead to a decrease in the price of the SPY ETF.
A sell-side imbalance indicates that there are more sellers than buyers. This could lead to a decrease in the price of the SPY ETF as supply exceeds demand.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75