The S&P500 gained 267 points last week. My forecast last week needed to be revised. I incorrectly interpreted Mars trine Mars and Jupiter R opposite Venus. Both aspects are highly favorable and not obstructive.
Here is the expected breakdown for the week of November 11, 2024, to November 15, 2024.
The compressed Vimshottri dasha planet for Nov 10 is Ketu, which occupies the 3rd house in the sign Libra. Ketu is a malefic planet but gets the aspect of beneficial Jupiter. Consequently, the market may go slightly lower on this day. Since the market is closed, it is non-consequential.
The compressed Vimshottri dasha planet for Nov 12 – Nov 16 is Venus. Venus rules the third house and occupies the fifth house in the Sagittarius sign. Venus makes a trine aspect with Rahu and an opposite aspect with Moon. This setup may be regarded as positive. As a result, the market may go slightly higher during this period.
Transits during this week: Jupiter has now turned retrograde since October 08. Uranus continues to transit through Taurus this week and has also been retrograded. Rahu is transiting in Aries and Ketu in Libra. The Sun continues to transit through Scorpio this week, while Mercury moved into Sagittarius on November 03. Mercury thus exchanges signs with Jupiter. Venus moves into Capricorn on November 11, which is a harmonious sign for Venus. Retrogradation of Saturn ends on November 15. Now, only Jupiter, Neptune, and Uranus remain retrograde. Mars moved into Leo on November 05, and it continues to make a trine aspect with Mercury. Moon transits Pisces, Aries, and Taurus. The tithis of the Moon correspond to the second quarter, which is also helpful for the market.
Combining the transit and CVD techniques, I have estimated the stock market’s daily behavior to be the following.
Monday: Slightly higher; Tuesday: Slightly higher; Wednesday: Flat; Thursday: Slightly higher; Friday: Flat.