Sept 04 – 08, 2023

The S&P500 gained 110 points last week. I was expecting a lower market. My daily forecast was wrong on Tuesday, which messed up the whole week’s forecast.

Here is the expected breakdown for the week of  September 04, 2023, to September 08, 2023.

Saturn is the compressed Vimshottri dasha planet in the monthly solar chart for Sept 01 – Sept 05. It rules the 5th house and it occupies the 6th house in the sign Pisces. It makes no close aspect with any planet and it is retrograde. This is not a favorable situation for the stock market. We can, therefore, expect a slightly lower market.

The compressed Vimshottri dasha planet for Sept 06 – Sept 09 is Mercury. Mercury occupies the 12th house in its own sign Virgo. It is very close to Mars, but it makes a trine aspect with Uranus in the Taurus sign. It may therefore produce neutral results to cause the market to remain flat or go slightly lower. 

Transits during this week:  Jupiter and Uranus continue to transit through Taurus during this week. Rahu is transiting in Aries and Ketu in Libra. Mars now transits Libra and the Sun Virgo. Venus has turned direct in the sign Leo, but Mercury turns retrograde now. Saturn continues to be retrograde in the sign Pisces. The moon moves in Taurus, Gemini, and Cancer. The Moon moves through the 5th Tithi of the dark half to the 9th Tithi of the dark half. The moon gives good results in this combination of signs and Tithis. Five planets are retrograde this week. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.

Monday: Closed;   Tuesday: Mixed/Flat;   Wednesday: Slightly lower;   Thursday: Slightly lower;   Friday: Slightly higher

Overall, the S&P500 may remain Flat or go slightly lower during this week.

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