The S&P500 gained 216 points last week. I was expecting a slightly lower market. I underestimated the impact of Jupiter on Venus.
Here is the expected breakdown for the week of September 16, 2024, to September 20, 2024.
The compressed Vimshottri dasha planet for Sept 14 – Sept 15 is the Moon. Moon rules the eighth house and occupies the third house in the sign Aquarius. It makes trine aspects with Mars and Jupiter. It also opposes retrograde Mercury in the ninth house. Consequently, the market may go higher during this period.
The compressed Vimshottri dasha planet for Sept 16- Sept 17 is Mars. Mars rules the fifth house and occupies the seventh house. It has a square aspect, with Saturn in the fourth house and Venus in the tenth house. As a result, the market may go lower on these days.
Transits during this week: Jupiter is advancing in the sign Gemini, while Uranus continues to transit through Taurus this week. Rahu is transiting in Aries and Ketu in Libra. The Sun advances in Virgo, whereas Venus has now moved into a sign of its choice, Libra. Mercury has turned direct and has come back in Virgo. Saturn and Neptune are well established in Pisces. However, both have turned retrograde now. Retrograde Saturn is not a welcome feature. Mars moves into Cancer, the sign of its fall. It is now also making a square aspect with Rahu and Ketu, which is another difficult situation. Fortunately, Venus in Libra has begun to make a trine aspect with Jupiter in Gemini. This setup dominated last week, and it may also dominate this week.
Combining the transit and CVD techniques, I have estimated the stock market’s daily behavior to be the following.
Monday: Slightly higher; Tuesday: Slightly lower; Wednesday: Slightly higher; Thursday: Higher; Friday: Flat.