Market On Close Imbalance: $3.5B To Sell-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the sell-side with $3.5 billion. This could potentially impact the SPY ETF.
August 24, 2023 | 7:33 pm
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NEGATIVE IMPACT
The sell-side imbalance of $3.5 billion could potentially impact the SPY ETF.
A sell-side imbalance indicates that there are more sellers than buyers. This could lead to a decrease in the price of the SPY ETF in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75