May 01 – 05, 2023

The S&P500 gained 36 points last week. I was also expecting a slightly higher market. 

Here is the expected breakdown for the week of  May 01, 2023, to May 05, 2023.

Venus is the compressed  Dasha planet for the period of April 29 – May 03 in the new monthly chart. Venus occupies the 12th house in the sign Gemini. It rules the fourth house, and it exchanges signs with Mercury. It also makes a square aspect with Saturn. It may, therefore,  give neither good nor bad results. In other words, the indexes may remain flat or move sideways during these days.

The compressed Vimshottri dasha planet for May 04 – 05 is Sun. Sun occupies the 10th house in the sign Aries, the sign of its exaltation. It rules the 2nd house and conjuncts Jupiter.  The market may therefore move higher on May 04. 

Transits during this week:  Sun has moved into Taurus, where it meets Rahu, retrograde Mercury, and Uranus. Saturn is in Pisces, and Ketu is in  Scorpio. Venus transits Gemini, Jupiter Aries, and Mars Cancer. Venus and Jupiter make Shubh-kartari yoga around Mars, not allowing it to cause any serious trouble, although it is fallen. The Moon moves in Virgo, Libra, and Scorpio. Everything looks good, except the conjunction of the Moon and Ketu on Friday, a Lunar eclipse.  The market can therefore be higher during the week. It may remain flat/mixed on Monday, Tuesday, Wednesday, and Thursday, and higher on Friday.

Overall this week, the market may go slightly higher.

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