Market-On-Close Imbalance: $1.3B To Sell-Side
Portfolio Pulse from Benzinga Newsdesk
The market-on-close imbalance is leaning towards the sell-side with $1.3 billion. This could potentially impact the SPY ETF.
September 18, 2023 | 7:51 pm
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NEGATIVE IMPACT
The sell-side imbalance of $1.3 billion could potentially impact the SPY ETF.
A sell-side imbalance indicates that there are more sell orders than buy orders. This could lead to a decrease in the price of the SPY ETF as supply exceeds demand.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75