Post date: 2023-05-26 17:02:21 GMT
This chart shows distribution of Institutional flows for SPY: % buyers in green and % sellers in red. The proportions of the institutional flows are estimated as a % of the total volume traded in SPY on 05/25/2023. As the chart shows, most recently there is more mass on the sellers side of the institutional flows than on the buyers side. However, the history of institutional flows and their relative proportion over time also matters. The 20-day trendline shows the slope of -5.3%. This implies that the trend has been dominated by institutional sellers.