Market On Close Imbalance: $1B To Sell-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the sell-side with a $1B imbalance. This could potentially impact the SPY ETF.
July 17, 2023 | 7:52 pm
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NEGATIVE IMPACT
The $1B sell-side imbalance in the market on close could potentially impact the SPY ETF.
A sell-side imbalance means there are more sellers than buyers, which can put downward pressure on the price. As SPY is a broad market ETF, it could be impacted by this imbalance.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75