Market prediction for 11/06/2023

 Let's predict tomorrow's  S&P500.

+ve(UP) reasoning:

1. S&P futures are up by 1.00% S&P 500 E-Mini | Index Futures | Markets Insider (businessinsider.com)
2. Start of the week and a Santa Claus rally would be there.

-ve(Down) reasoning:

1. DOW futures are down a little - Dow Jones 30 Industrial | Index Futures | Markets Insider (businessinsider.com)
2. Oil price is up - Crude Oil Prices Today | OilPrice.com
3. Geo-political situation.

Unknown: 

1. Fed Gov. Cook speaks. Not sure whether he will be hawkish.
2. Some companies are reporting their earnings.

This is tough call. I am planning to stick with S&P futures direction and hopefully start of the week would be nice. So, predicting the market will be +ve tomorrow.

This is not a financial advice. Just for my analysis.