Sept 18 – 22, 2023

The S&P500 lost 7 points last week. I was expecting a slightly higher market. However, my daily forecast was approximately correct on all days.

Here is the expected breakdown for the week of  September 18, 2023, to September 22, 2023.

The compressed Vimshottri dasha planet for Sept 18 – 19 is the Moon. Moon occupies the 1st house in the sign Libra. It makes a sextile aspect with retrograde Venus. It may therefore produce slightly good results to cause the market to go slightly higher

A new monthly solar return chart is applicable from September 20 and will stay effective until October 19. The month lord is Mars, which occupies the 1st house in the sign Libra along with Ketu, the south node. This is a strongly negative feature, as the behavior of Ketu is similar to Mars. Their conjunction is often responsible for severe and fast corrections. Retrograde Saturn in the sign Pisces occupies the 6th house.  The other important planet is Jupiter. Retrograde Jupiter occupies the 8th house in the sign Taurus along with retrograde Uranus. It aspects the combination of Mercury and Sun in the 12th house. Moon occupies the Scorpio sign in the 2nd house and receives the aspect of Saturn from the 6th house, which makes it very weak. Five planets are retrograde and six planets occupy inauspicious houses. There is hardly any positive feature. As a result of predominantly bad influences in the monthly chart, this month looks quite bearish to me.

Saturn is the compressed  Dasha planet for the period of Sept 20 – Sept 23 in the new monthly chart. Saturn occupies the 6th house in the sign Pisces. It makes an opposition aspect with Mercury. The indexes may go lower during these days.

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 is about 10 degrees away from Ketu. Sun continues to move in Virgo along with Mercury. Saturn is also retrograde in the sign Pisces. The moon moves in Scorpio and Sagittarius. The Moon moves through the 4th Tithi of the bright half to the 8th Tithi. The moon gives poor results in this combination of signs and Tithis. The conjunction of Ketu and Mars is negative for the market. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.

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

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

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