June 17 – 21, 2024

The S&P500 gained 84 points last week. I was also expecting a higher market. Even the daily forecast was also very accurate. You cannot expect better than that.

Here is the expected breakdown for the week of  June 17, 2024, to June 21, 2024.

A new monthly solar return chart is applicable from June 17 and will stay effective until July 18. The month lord is Mars, which occupies the 5th house in the sign Taurus. Although Mars is weak in this sign, its presence in the 5th house makes it is neutral. Its influence can only be neutral. Jupiter occupies 6th house in the sign Gemini, and its effect also can only be neutral. Saturn occupies the 3rd house and makes a sextile aspect with Uranus. This is a positive feature. Moon occupies the 11th house in the sign Scorpio and makes a trine aspect with Venus and Mercury in Cancer. This is a positive feature. Combining all the features, I find that positive features are slightly more pwerful than the negative features. This month, therefore, looks slightly bullish to me.

The compressed Vimshottri dasha planet for  June 17 – June 18 is Rahu. Rahu occupies the 4yh house in the sign, Aries. Rahu generally makes stocks go higher. But since it is surrounded by Saturn in the 3rd house and Mars in the 5th house, it may give neutral results. As a result, the market may remain flat.

The compressed Vimshottri dasha planet for  June 19 – June 22 is Jupiter. Jupiter rules the 12th house and occupies the 6th house in the sign, Gemini. It does not make close aspect with any other planet. Therefore, Jupiter may only give slightly 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 transits in Gemini but both Mercury and Venus move into Cancer. Saturn and Neptune are well established in Pisces. Mars enters the sign Taurus, where it cannot be as pleasant as it was in Aries. The moon moves in Scorpio, Sagittarius, and Capricorn. The Moon moves through the 11th Tithi of the bright half to the 15th Tithi of the bright half, which is Full Moon. The Moon gives mixed results in these signs and these Tithis. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.

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

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

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