Market indicates a higher chance of the S&P 500 opening down on March 30.
The prediction market shows a 60.5% probability for the S&P 500 to open down on March 30, suggesting a bearish sentiment among participants. The Pulse AI aligns closely with this view, indicating a similar likelihood of a down opening. With a confidence level of 75/100 and an edge of 0.5, the market appears fairly priced.
This market will resolve to "Up" if the official S&P 500 Index open price for S&P 500 (SPX) on March 30 is higher than the official S&P 500 Index closing price for SPX on the most recent prior trading day.
This market will resolve to "Down" if the official S&P 500 Index open price for S&P 500 (SPX) on March 30 is lower than the official S&P 500 Index closing price for SPX on the most recent prior trading day.
E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless that Friday were a market holiday, in which case it would refer to Thursday, or the next most recent trading day.
If the two prices are exactly equal, this market will resolve 50-50. Note that all figures will be rounded to the nearest cent using standard rounding.
If SPX does not trade at all during the regular session, the market will resolve 50-50.
If either of the relevant days are shortened (for example, due to a market holiday schedule), the official open/close price published by S&P 500 Index for that shortened session will still be used for resolution.
If the previous trading day has no official closing price (for example, due to a trading halt into t