S&P500 price prediction for 10/18/2023

 Unfortunately, I was slightly wrong on prediction, the S&P500 is down 0.01% today.

Seems like Bank of America and Johnson&Johnson beats their earnings. But overall S&P500 is down.

Let's focus on tomorrow, reasoning for the UP and DOWN

+ve (UP) reasoning

• Today seems like in second half market want to recover.
• Historically 4th quarter expects a Santa Claus rally. 

-ve(DOWN) reasoning:

• WTI oil price up by 2.02%
• S&P 500 E-MINI FUTURES down 0.31%
• DOW JONES E-MINI FUTURES down by 0.22%
• Geopolitical situation

Unkown: Earning from Tesla, Morgan Stanley, Netflix etc. this can be good. These specific stocks can go UP or DOWN based on the earning! But not sure!!!

This time I decided to stick with fundamentals, since oil price is up and futures are down, I predict that tomorrow (10/18/2023) the market(S&P500) will be down.

THIS IS NOT A FINANCIAL ADVICE