Market On Close Imbalance: $412M To Sell-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the sell-side with $412M. This could potentially impact the overall market sentiment and the SPY ETF.
August 31, 2023 | 7:42 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
The sell-side imbalance of $412M could potentially impact the SPY ETF, as it reflects overall market sentiment.
A sell-side imbalance indicates more selling pressure in the market, which could lead to a decrease in the price of the SPY ETF. This is because the SPY ETF is designed to track the S&P 500, and a sell-side imbalance could indicate a bearish sentiment in the market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75