Today's prediction was correct and S&P500 is up by 1.91%.
Let's focus on tomorrow's market:
+ve(up) reasoning:
- S&P futures are up -ES00 | E-Mini S&P 500 Future Continuous Contract Overview | MarketWatch
- Dow futures are up - DWCF | Dow Jones U.S. Total Stock Market Index Overview | MarketWatch
- Oil price is down - Crude Oil Prices Today | OilPrice.com
-ve(down) reasoning:
- interest rate is higher for longer.
- geo-political situation
- government shutdown.
Unknown:
- Core PPI
As per technical, I am predicting that tomorrow's S&P500 will be +ve.
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