Market On Close Imbalance: $58M To Sell-Side
Portfolio Pulse from Benzinga Newsdesk
The market on close imbalance is leaning towards the sell-side with $58M. This could potentially impact the SPY ETF.
July 28, 2023 | 7:34 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
The sell-side imbalance of $58M could potentially lead to a decrease in the price of the SPY ETF.
A sell-side imbalance indicates that there are more sell orders than buy orders. This could lead to a decrease in the price of the SPY ETF as supply exceeds demand.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75