Nov 13 – 17, 2023

The S&P500 gained 54 points last week. I was also expecting a slightly higher market. The daily forecast was also quite good.

Here is the expected breakdown for the week of  November 13, 2023, to November 17, 2023.

The compressed Vimshottri dasha planet for Nov 12 – 16 is the Mercury. Mercury rules the 5th house and occupies the 6th house in the sign Libra. It makes a close conjynction with Sun, which makes it combust. It may therefore produce neutral results to cause the market to trade sideways

Ketu is the compressed  Dasha planet for the period of  Nov 17 – Nov 18 in this monthly chart. Ketu also occupies the sixth house in the sign Libra. Since Ketu is a malefic planet, and is badly placed, the indexes may try to go higher but may not succeed and remain flat during these days.

Transits during this week:  Retrograde Jupiter and Retrograde Uranus continue to transit through Taurus during this week. Rahu is transiting in Aries and Ketu in Libra. Mars has now moved into Scorpio, and Mercury into Sagittarius. Sun is also transiting through Scorpio, where it combusts Mars. Venus, the key planet, has now moved into Libra, a sign of its preference. Saturn is no longer retrograde in the sign Pisces. The moon moves in Scorpio, Sagittarius, and Capricorn. The Moon moves through the 1st Tithi of the bright half to the 5th Tithi of the bright half. The moon gives bad results in these Tithis and these signs. During the week, Jupiter aspects Moon, and Venus makes a sextile aspect with Mercury. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.

Monday: Flat;   Tuesday: Slightly higher;   Wednesday: Slightly higher;   Thursday: Slightly higher;   Friday: Slightly higher

Overall, the S&P500 may go Higher during this week.

 

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