The S&P500 gained 80 points last week. I was also expecting a slightly higher market. The daily forecast for Monday, Tuesday, Wednesday, and Friday was correct, but not for Thursday,
Here is the expected breakdown for the week of August 26, 2024 to August 30, 2024.
The compressed Vimshottri dasha planet for Aug 24 – Aug 27 is Jupiter. Jupiter is a benefit planet and occupies the seventh house. It may, therefore, lift the stock market. But it makes square aspects with fallen Venus in the tenth house and retrograde Saturn in the fourth house. Consequently, the market may end flat or, at best, slightly higher during this period.
The compressed Vimshottri dasha planet for Aug 28 – Sep 01 is Saturn. Saturn is a malefic planet, and it is retrograde. It makes opposition aspects with fallen Venus in the tenth house and square aspects with Mars and Jupiter in the seventh house. As a result, the market may go lower during these days.
Transits during this week: Jupiter is advancing in the sign Gemini, while Uranus continues to transit through Taurus this week. Rahu is transiting in Aries and Ketu in Libra. The Sun advances in Virgo, whereas Venus is already quite advanced in Virgo. Mercury has turned retrograde and has moved back into Leo. Saturn and Neptune are well established in Pisces. However, both have turned retrograde now. Retrograde Saturn is not a welcome feature. Mars is advancing in Gemini, a sign of its dislike. It has started making square aspect with retrograde Saturn, which is not welcome.
The Moon transits between Krittika and Punravasu. Moon helps the stock market in the intervening nakshatras, Rohini, and Mrigshira. The Moon and the Sun form both bad and good yogas this week. It crosses Mars and Jupiter and makes a trine aspect with Saturn. Thus, the Moon undergoes beneficial transits. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.
Monday: Flat; Tuesday: Slightly lower; Wednesday: Higher; Thursday: Flat; Friday: Slightly lower.