Market On Close Imbalance: $364M To Sell-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the sell-side with $364M. This could potentially impact the overall market sentiment and possibly the SPY ETF.
September 01, 2023 | 7:45 pm
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The sell-side imbalance of $364M could potentially impact the SPY ETF, as it reflects the overall market sentiment.
A sell-side imbalance indicates more selling pressure in the market, which could lead to a decrease in the price of assets like 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 market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75