Feb 19 – 23, 2024

The S&P500 lost 21 points last week. I was expecting a lower market too. However, the daily forecast was slightly off. 

Here is the expected breakdown for the week of  February 19, 2024, to February 23, 2024.

A new monthly solar return chart is applicable from February 16 and will stay effective until March 16. The month lord is Saturn, which occupies the 1st house in the sign Pisces. This is a negative feature. Saturn aspects Jupiter in Taurus in the 3rd house. The other important planet is Mars. Mars occupies the 12th house in the sign Aquarius along with Mercury and Sun. Mars is not combust and conjuncts Venus still in Capricorn. This is a positive feature. Moon occupies the Taurus sign in the 3rd house but makes a square aspect with the Sun and conjuncts Uranus. This is not a welcome feature. All planets occupy the upper half of the chart. This is a unique feature, which is a significantly positive feature. Combining all the features, I find that positive influences are predominant in the monthly chart. This month, therefore, looks slightly positive to me.

The compressed Vimshottri dasha planet for Feb 17 – Feb 18 is the Moon. Moon rules the 5th house and occupies the 3rd house in the sign Taurus. It makes a square aspect with the Sun. It may, therefore, produce only a slightly higher market. 

The compressed Vimshottri dasha planet for Feb 19 – Feb 20 is Mars. Mars rules the 2nd house and occupies the 12th house in the sign Aquarius. Mars is a naturally malefic planet. Its presence in a Thrik house makes it more malefic. It also makes a square aspect with Jupiter. It may therefore produce negative results to cause the market to go lower

The next planet in the order is Rahu, which guides the market between Feb 20 – 25. Rahu in Aries occupies the 2nd house and it makes a sextile aspect with Mercury. It may therefore produce positive results to cause the market to trade slightly higher

Transits during this week:  Jupiter and Uranus continue to transit through Taurus during this week. No planet is retrograde now which is a positive feature. Rahu is transiting in Aries and Ketu in Libra. Venus moves into Aquarius to join the Mars and Mercury. Sun advances to Pisces, where Saturn and Neptune are well established. However, the Sun will combust Saturn. The moon moves in Cancer and Leo. The Moon moves through the 11th Tithi of the bright half to the 15th Tithi of the bright half. The moon gives poor results in these Tithis, although it behaves neutral in these signs. During the week, the Moon makes an opposition aspect with Mars, Venus, and Mercury. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.

Monday: Closed;   Tuesday: Lower;   Wednesday: Slightly higher;   Thursday: Slightly lower;   Friday: slightly higher

Overall, the S&P500 may go slightly lower or remain flat during this week.

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