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Home/Macro / Fed/S&P 500 (SPX) Opens Up or Down on August 6?
PolymarketMacro / FedUpdated 8m ago

Market prices a 0.1% chance of “S&P 500 (SPX) Opens Up or Down on August 6” — little changed over 24 hours

Original Polymarket title: “S&P 500 (SPX) Opens Up or Down on August 6?”

Market probability
0.1%
Little changed over 24 hours
Less than a day until trading closes
Deadline: August 6, 2026 at 4:00 PM ET

No meaningful repricing — the probability is steady.

The pricing is supported by healthy trading volume and market depth.

What this market actually measures

This market will resolve to "Up" if the official S&P 500 Index open price for S&P 500 (SPX) on August 6 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 August 6 is lower than the official S&P 500 Index closing price for SPX on the most recent prior trading day.

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market will resolve to "Up" if the official S&P 500 Index open price for S&P 500 (SPX) on August 6 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 August 6 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 the market close, system issue, delisting, or other disruption), the market will use the last valid on-exchange trade price of the regular session as the effective closing price. The resolution source for this market is the Wall Street Journal, specifically the Open/Close values published by the WSJ under "Historical Prices". US: https://www.wsj.com/market-data/stocks EMEA: https://www.wsj.com/market-data/stocks/emea ASIA: https://www.wsj.com/market-data/stocks/asia

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Strong

The pricing is supported by healthy trading volume and market depth.

Consensus stability

Has the market settled at the new probability?

Stable

The probability has held near its current level over the past several hours.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$11.3K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What could move this market next?

  • The market's deadline arrivesAugust 6, 2026 at 4:00 PM ET

    The contract must resolve based on what has happened by this date.

  • Confirmation at the resolution source (wsj.com)

    The rules name this source as the basis for settlement.

Derived from the contract's own mechanics as of Aug 6, 1:43 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: high · expected error ±12 pts.

Resolving soonLegacy movement classifier: watch

What's happening

high classifier confidence
Resolving soon

Near resolution or with ambiguous wording, pricing is mechanically thin and can swing on tiny trades. Read end-of-life prices with extra caution.

Change (pts)1H0.06H-0.224H-0.27D-0.2
Score breakdown — Movement, Liquidity & Trust

ProbCast Trust Score

66/ 100 · Medium

Reasonably supported. Generally reliable, with minor caveats. Main caveat: expiring soon.

Settlement-stage — price is pinned near resolution. Read it as a settlement signal, not a fresh forecast.

ProbCast measures how reliable this market probability appears — not what to trade.

Movement4

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ProbCast — Odds Reliability

Know whether prediction-market odds can be trusted. ProbCast analyzes liquidity, market activity, spreads, and price movement to help distinguish meaningful repricing from thin-market noise.

Questions? Chat with us on Telegram
TodayTop MoversEventsAll MarketsWhat ChangedVenue DivergencePolymarket vs KalshiMethodologyCoverageMeta's ArenaWatchlistTerms of UsePrivacyCrypto

Resolution source: wsj.com

  • Resolves in 0 day(s) — end-of-life pricing is mechanically thin

Read with caution —Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
32Low
Where the price path tends to go next219 observed
  • Stable consensus88%
  • Choppy / mean-reverting7%
  • Trend continuation4%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~13h
PredictabilityStable

Secondary read: leaning toward Quote-driven.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Market data

24h volume

$61.5K

Liquidity

$51.7K

Total volume

$61.5K

Category
Macro / Fed
Venue
Polymarket
Open interest
—
Spread
0.0 pts
Best bid
0.1%
Best ask
0.1%
7-day range
0.1% – 0.3%
Resolves
Aug 6, 2026
Resolution
wsj.com

Magnitude of recent probability change

Liquidity79

Depth of the order book and volume

Trust breakdown

66/100 · Medium

Reasonably supported. Generally reliable, with minor caveats. Main caveat: expiring soon.

  • Liquidity anchor+55
  • Price steadiness+29
  • Expiring soon-10
  • Limited history-8
Trust score66 / 100
How these scores work →
View on Polymarket

ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. ProbCast is not a betting platform, exchange, or broker and does not provide buy or sell recommendations. Intended for users 18+; availability of prediction-market activity varies by jurisdiction. Venue data is aggregated from third parties and may be delayed or inaccurate. See our Terms of Use.

Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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