July 01 – 05, 2024

The S&P500 lost 04 points last week. I was also expecting a flat/slightly lower market. The daily forecast was also reasonably accurate. 

Here is the expected breakdown for the week of  July 01, 2024, to July 01, 2024.

The compressed Vimshottri dasha planet for  June 28 – July 01 is Mercury. Mercury rules the 9th house and occupies the 7th house in the sign, Cancer. It sits very close to Venus, a benefic planet. It, therefore, becomes a benefic planet. Mercury may only give positive results. As a result, the market may go slightly higher during this period.

The compressed Vimshottri dasha planet for  July 02 is Ketu. Ketu occupies the 10th house in the sign, Libra. Ketu is a malefic planet generally makes stocks go lower. But since it gets the aspect from Jupiter in the sixth house, it may give less malefic results. As a result, the market may go only slightly lower.

The compressed Vimshottri dasha planet for  July 03 – July 08 is Venus. Venus rules the tenth house and occupies the seventh house in the sign, Cancer. It sits very close to Mercury. This pair generally gives positive results. As a result, the market may go slightly higher during this period.

Transits during this week:  Jupiter is well established in the sign Gemini now while Uranus continues to transit through Taurus during this week. Rahu is transiting in Aries and Ketu in Libra. Sun also moves into Cancer where both Mercury and Venus are marching. Saturn and Neptune are well established in Pisces. Mars is transiting halfway through the sign Taurus. The moon moves in Taurus, Gemini, and Cancer, and through the 11th Tithi of the dark half to the 15th Tithi of the dark half. The Moon gives excellent results in these signs and the fourth quarter. Moon also crosses Jupiter during this week, which is quite useful for the stock market. Venus makes a trine aspect with Saturn and Merucury with Neptune during July 01 – 05, 2024. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.

Monday: Slightly higher; Tuesday: Slightly lower;   Wednesday: Higher;   Thursday: Closed;   Friday: Slightly higher

Overall, the S&P500 may go Higher during this week.

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