Market On Close Imbalance: $33M To Buy-Side
Portfolio Pulse from Happy Mohamed
The market is currently experiencing a lose imbalance with $33M leaning towards the buy-side.
July 25, 2023 | 7:32 pm
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POSITIVE IMPACT
The SPDR S&P 500 ETF (SPY) may be affected by the current market imbalance, as it is a broad market indicator.
The market imbalance, with a lean towards the buy-side, indicates a general bullish sentiment in the market. As SPY is a broad market indicator, it is likely to be affected by this sentiment. Therefore, we might expect a positive impact on SPY in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50