Market On Close Imbalance: $489M To Sell Side
Portfolio Pulse from Benzinga Newsdesk
The market is currently experiencing a significant imbalance, with $489 million leaning towards the sell side. This could potentially impact the SPY ETF.
July 24, 2023 | 7:52 pm
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NEGATIVE IMPACT
The SPY ETF could be impacted by the current market imbalance, with a significant amount of money leaning towards the sell side.
The market imbalance, with a significant lean towards the sell side, could potentially lead to a decrease in the price of the SPY ETF in the short term. This is due to the increased selling pressure in the market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75