Market On Close Imbalance: $3M To Sell-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the sell-side with $3M. SPY may be mentioned in the article.
July 24, 2023 | 7:32 pm
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NEGATIVE IMPACT
The market on close imbalance is leaning towards the sell-side with $3M, which may impact SPY.
A market on close imbalance leaning towards the sell-side indicates more sell orders than buy orders. This could lead to a downward pressure on the price of stocks, including SPY, especially towards the market close.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50