Market-On-Close Imbalance: $600M To Sell-Side
Portfolio Pulse from Benzinga Newsdesk
The market-on-close imbalance is leaning towards the sell-side with $600 million. This could potentially impact the SPY ETF.
September 19, 2023 | 7:54 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
The market-on-close imbalance of $600 million to the sell-side could potentially impact the SPY ETF.
A market-on-close imbalance towards the sell-side 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 70
RELEVANCE 75