Market - S&P500 prediction for 10/26/2023

 Today's prediction was correct and S&P500 was down today by 1.43%.

Let's focus on tomorrow,

+ve(up) reasoning:

1. WTI oil price is down by 0.20% Crude Oil Price Today | WTI OIL PRICE CHART | OIL PRICE PER BARREL | Markets Insider (businessinsider.com)
2. Santa Claus rally is there or not ! 
3. Next year US election and Olympics

-ve(Down) reasoning:

1. S&P500 futures are down by 0.56% ES00 | E-Mini S&P 500 Future Continuous Contract Overview | MarketWatch
2. DOW futures down by 0.19% YM00 | E-Mini Dow Continuous Contract Overview | MarketWatch
3. Geo-political situation
4. Interest rates higher for longer (Marco view)

Unknown:  

1. GDP, Initial Jobless claims reports are coming tomorrow.
2. Amazon,Mastercard,intel,comcast etc. companies reporting earning.

With above reasoning, am planning to stick with futures direction and predicting that tomorrow (10/26/2023) market (S&P 500) will be down.