Market On Close Imbalance: $1.5B To Buy-Side
Portfolio Pulse from Happy Mohamed
The market on close imbalance is leaning towards the buy-side with $1.5 billion. This could potentially impact the overall market sentiment and the SPY ETF.
September 06, 2023 | 7:51 pm
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POSITIVE IMPACT
The SPY ETF could be impacted by the market on close imbalance leaning towards the buy-side with $1.5 billion.
The market on close imbalance indicates more buy orders than sell orders. This could potentially drive up the price of the SPY ETF in the short term as it is a broad market ETF and is likely to be influenced by overall market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75