Reasoning for tomorrow's market
+ve(UP) reasoning:
- Santa Claus rally
- Start of a week
-ve (Down)reasoning :
- S&P500 futures are down- https://www.google.com/finance/quote/ESW00:CME_EMINIS?sa=X&ved=2ahUKEwiG_qyCwNGCAxVoAjQIHSeOCxcQ3ecFegQICxAb
- Dow futures are down- https://www.google.com/finance/quote/YMW00:CBOT?sa=X&ved=2ahUKEwjf6NSnwNGCAxVKOTQIHc0HClkQ3ecFegQIDBAb
- Oil price is up
- Geo political
- Marco view on world economy
Unknown:
- US economy leading indicators
Tomorrow's prediction is that the market will be down as I am leaning on futures direction.
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