The S&P500 lost 104 points last week. I was also expecting a lower market. My daily forecast was also reasonably good this week.
Here is the expected breakdown for the week of August o7, 2023, to August 11, 2023.
The compressed Vimshottri dasha planet for August 06 – August 09 is Jupiter. Jupiters occupies the 12th house in the sign Taurus. It rules the 7th house. It makes a square aspect with Mercury and a sextile with Saturn. It may therefore produce only slightly good results to cause the market to go slightly higher.
Saturn is the compressed Dasha planet for the period of August 10 – 12 in the monthly chart. Saturn rules the 9th house and occupies the 10th house in the sign Aries. It makes an opposite aspect with Mars. The indexes may go slightly lower during these days.
Transits during this week: Jupiter and Uranus continue to transit through Taurus during this week. Mercury has moved into Virgo along with Mars. Mars is in Virgo and Saturn is retrograde in Pisces. Sun is strong in Leo and Venus is moving backward in the same sign. Rahu moves in Aries and Ketu in Libra. The moon moves in Aries, Taurus, and Gemini. The Moon moves through the 7th to 11th Tithis of the dark half. The moon gives good results in these Tithis. The conjunction of Moon and Jupiter in Taurus is positive for the market, but the opposition of Mars and Saturn is negative. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.
Monday: Slightly higher; Tuesday: Higher; Wednesday: Higher; Thursday: Flat; Friday: Flat.