Market On Close Imbalance: $1.3B To Buy-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the buy-side with $1.3 billion.
July 13, 2023 | 7:51 pm
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POSITIVE IMPACT
The market on close imbalance leaning towards the buy-side could potentially increase the demand for SPY.
A buy-side imbalance indicates that there are more buy orders than sell orders. This could potentially increase the demand for SPY, leading to a rise in its price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50