The S&P500 lost 121 points last week. My forecast this week was way off.
Here is the expected breakdown for the week of December 23, 2024, to December 27, 2024.
The compressed Vimshottri dasha planet for Dec 23 – Dec 23 is Ketu, which occupies the seventh house in the sign Libra. Ketu makes a sextile aspect with retrograde Mars in the fifth house and Mercury in the ninth house. Consequently, the market may remain flat on this day.
The compressed Vimshottri dasha planet for Dec 24 – Dec 29 is Venus, which occupies the eleventh house in the sign Aquarius. Venus gets the aspect of Jupiter in the third house and Moon in the fifth house. It also makes a sextile arrangement with Mercury and Moon in the ninth house. Consequently, the market may end up going higher.
Transits during this week: Retrograde Jupiter remains in Gemini, causing volatility. Mercury and Saturn are direct now. Mars also turned retrograde last week. Jupiter aspects Mercury in Sagittarius and Venus in the sign Aquarius. These aspects are favorable. Saturn makes square aspects with transiting Mercury and Jupiter. These aspects are not favorable. Venus is transiting in Aquarius, which is a favorable sign for it. It makes trine aspects with Jupiter and Moon during the week. Mars transits in powerful Leo, making a trine angle with Mercury transiting in Sagittarius, which is a favorable setup. The Sun is advancing in Capricorn this week. Mercury exchanges sign with Jupiter. Moon transits Libra, Scorpio, and Scorpio. The tithis of the Moon (Krishna Paksha eighth to twelfth) correspond to the fourth quarter, which is very helpful for the market.
Combining the transit and CVD techniques, I have estimated the stock market’s daily behavior to be the following.
Monday: Slightly higher; Tuesday: Slightly higher; Wednesday: Closed; Thursday: Slightly lower; Friday: Slightly higher.