The S&P500 gained 55 points last week. I was expecting a lower market. My daily forecast was correct for 4 days of the week. I was wrong on Thursday which skewed my weekly forecast.
Here is the expected breakdown for the week of May 22, 2023, to May 26, 2023.
Sun is the compressed Dasha planet for the period of May 21 – May 22 in the new monthly chart. Sun occupies the 11th house in the sign Taurus. It rules the 2nd house and makes a sextile aspect with weak Mars in the 1st house. The indexes may end higher during these days.
The compressed Vimshottri dasha planet for May 23 – May 24 is Moon. Moon also occupies the 11th house in the sign Taurus. It rules the 1st house. It is, therefore, a benefic planet in both natural and functional ways. It forms an exchange of signs relationship with Venus. It may, therefore, give good results. The market may therefore go higher during these days.
Mars is the compressed Dasha planet for the period of May 25 – May 26 in the new monthly chart. Mars occupies the 1st house in the sign Cancer, the sign of its fall. It rules the 10th house and makes a sextile aspect with weak Sun in the 11th house. The indexes may end flat during these days.
Transits during this week: Uranus and Rahu transit through Taurus during this week. Jupiter has just moved into Taurus last week. Mercury remains in Taurus and Venus in Cancer. Sun is transiting in Gemini and Mars in Leo now. Keu transits Scorpio. Saturn is transiting Pisces. The moon moves in Cancer, Leo, and Virgo. Mars makes square aspects with Jupiter, Rahu, and Ketu. The market may therefore be volatile during the week. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.
Monday: Higher; Tuesday: Slightly lower; Wednesday: Slightly higher; Thursday: Slightly lower; Friday: Slightly higher.
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Thank you so much for your hard work.