Market On Close Imbalance: $2.5B To Buy-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the buy-side with $2.5 billion. This could potentially impact the SPY ETF.
August 18, 2023 | 7:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The market on close imbalance of $2.5 billion to the buy-side could potentially impact the SPY ETF.
A market on close imbalance leaning towards the buy-side indicates that there are more buy orders than sell orders. This could potentially drive up the price of the SPY ETF in the short term as it is one of the most traded ETFs and often reflects overall market sentiment.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80