Tuesday, October 31, 2023

Market Prediction for 11/01/2023

 Today's prediction was wrong. The market was up by 0.65%.

Let's focus on tomorrow(11/01/2023)

+ve(up) reasoning:

  1. May be there is a Santa Claus rally



-ve(down) reasoning:
  1. S&P futures are down ES00 | E-Mini S&P 500 Future Continuous Contract Overview | MarketWatch
  2. DOW futures are down - YM00 | E-Mini Dow Continuous Contract Overview | MarketWatch
  3. geo-political situation

unknown:
  1. FED chairman talk
  2. Companies earnings

Sticking with the direction of futures, the market will be down tomorrow(11/01/2023).

THIS IS NOT A FINANCIAL ADVICE. JUST MY ANALYSIS FOR FUN AND MY LEARNINGS.

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