Market prediction for 28-nov-2023

Prediction for Today's s&p500 was correct and s&p500 was down.

Let's focus on tomorrow 

+ve(UP) case reasoning:

1. S&P futures are up.

2.DOW futures are up.

-ve (Down) case reasoning:

1. Oil price is going up

2. Geopolitical 

3. Macro view and higher for longer interest rate theme.

Unknown:

• Consumer confidence will come tomorrow 
• FED person speaks 
• Some banks and crowdstrike earning reports tomorrow 

Predicting tomorrow will be up as futures indicates.