Market-On-Close Imbalance: $365M To Sell-Side
Portfolio Pulse from Benzinga Newsdesk
The market-on-close imbalance is leaning towards the sell-side with $365M. This could potentially impact the overall market sentiment and possibly the SPY ETF.
September 22, 2023 | 7:31 pm
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NEGATIVE IMPACT
The market-on-close imbalance leaning towards the sell-side could potentially impact the SPY ETF.
A market-on-close imbalance leaning towards the sell-side indicates more selling pressure. This could potentially lead to a decrease in the price of the SPY ETF, especially if the imbalance is not offset by the end of the trading day.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75