Sunday, February 4, 2024

Market prediction for Feb 5 2024

 Last Friday's prediction was correct and the market(S&P500) was up.

Let's predict tomorrow's S&P500 

1.s&p futures are down

2.DOW futures are down

3.oil price is slightly up

Unknown: Some companies are reporting earnings

Looking at the above numbers,  I am confused, tomorrow is start of a week ,generally market want to be +ve. But futures are not in that direction, so thinking S&P500 will be -ve tomorrow. 



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