The S&P500 lost 184 points last week. I was expecting a flat market. Interestingly, my CVD model correctly predicted the outcome of the last two days of the market. But I chose to ignore it. We have the same contradiction this week also. I am ignoring it again because the transits are very negative. I believe they will be more pervasive. Let us see if I am doing right or wrong.
Here is the expected breakdown for the week of March 13, 2023, to March 17, 2023.
Mercury is the compressed Dasha planet for the period March 13 – 16 in the new monthly chart. Mercury occupies the house in the sign Aquarius. Therefore, during this period, the indexes may end higher.
Ketu is the compressed Dasha planet for the period March 17 -18. Ketu occupies the 12th house in the sign Scorpio. Ketu is extremely weak and poorly placed. Therefore, during this period, the indexes may end only lower.
Transits during this week: Mercury transits through Pisces during this week and Venus through Aries, a sign it dislikes. Mercury is fallen and combust. Sun is in Pisces along with Neptune, while Rahu transits Taurus and Ketu Scorpio. The Moon moves in Sagittarius, Capricorn, and Aquarius. The Moon’s phases are generally bullish this week. Other planets form more unfavorable aspects than favorable ones during the week. The noticeable is the planet Mars in Gemini. It makes a square aspect with Sun, Mercury, and Neptune. In totality, this setup can cause the stock market to go Lower throughout the week.