Market On Close Imbalance: $328M To Buy-Side
Portfolio Pulse from Benzinga Newsdesk
The market on close imbalance is leaning towards the buy-side with $328M. This could potentially impact the SPY ETF.
September 08, 2023 | 7:32 pm
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POSITIVE IMPACT
The market on close imbalance of $328M to the buy-side could potentially impact the SPY ETF.
A market on close imbalance leaning towards the buy-side indicates more buy orders than sell orders. This could potentially drive up the price of assets, including the SPY ETF, as demand exceeds supply.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75