Early Market-On-Close Imbalance: $44M To Sell Side
Portfolio Pulse from Benzinga Newsdesk
The early market-on-close imbalance is leaning towards the sell side with $44M.
September 11, 2023 | 7:33 pm
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NEGATIVE IMPACT
The early market-on-close imbalance may impact SPY as it leans towards the sell side.
The early market-on-close imbalance indicates more sell orders than buy orders. This could lead to a downward pressure on the price of assets like SPY in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50