The S&P500 gained 99 points last week. My forecast this week was correct.
Here is the expected breakdown for the week of November 25, 2024, to November 29, 2024.
The compressed Vimshottri dasha planet for Nov 24 – Nov 27 is Saturn. Saturn rules the seventh house and occupies the eighth house in the Capricorn sign. Saturn has a square aspect with Jupiter and Mercury. It also makes a trine aspect with the Moon in the twelfth house. This setup may be regarded as neutral. As a result, the market may remain flat during this period.
The compressed Vimshottri dasha planet for Nov 28 – Dec 02 is Mercury, which occupies the fifth house in the sign Sagittarius. Mercury gets the aspect of benevolent Jupiter in the eleventh house. However, it also gets the malevolent aspect of Saturn. Consequently, the market may be volatile but unable to find any direction during these days or remain flat.
Transits during this week: Retrograde Jupiter remains in Gemini, causing volatility. Jupiter aspects Moon in Libra and Mercury in Sagittarius. Both aspects are favorable. Saturn has turned direct now. It does not cast its influence on any other transiting planet. Venus transits in Capricorn and makes a trine aspect with retrograde Uranus, which continues to transit through Taurus this week. This is also a favorable aspect. Mars transits in powerful Leo, making a trine angle with Rahu transiting in Aries, which is another favorable setup. The Sun is advancing in Sagittarius this week, along with retrograde Mercury. Mercury thus exchanges signs with Jupiter. Moon transits Virgo, Libra, and Scorpio. The tithis of the Moon (Krishna Paksha tenth to fourteenth) correspond to the fourth quarter, which is quite 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: Higher; Wednesday: Slightly higher; Thursday: Closed; Friday: Slightly higher.