Trading has been more lopsided than usual, with the order flow imbalance reading at 0.1563. That is higher than 81% of the last 90 days.
The gauge here is VPIN, which estimates how much of the volume in each slice of trading came from one side, buyers or sellers, rather than a balanced back and forth. Higher readings mean more of the flow arrived in one direction at a time.
The measure does not say which side was doing the pushing, only that one side was. Read it as a measure of how one sided recent trading has been, not as a signal for where price goes.
The gauge here is VPIN, which estimates how much of the volume in each slice of trading came from one side, buyers or sellers, rather than a balanced back and forth. Higher readings mean more of the flow arrived in one direction at a time.
The measure does not say which side was doing the pushing, only that one side was. Read it as a measure of how one sided recent trading has been, not as a signal for where price goes.
