Aug 11, 2024 - Saturn Square with Mars + Jupiter Impact to stock market and interest rates?

Saturn Square with Mars + Jupiter Impact to stock market? Jupiter and Mars make exact conjunction on Wednesday Aug 14, 2024 during US market hours. Also, note that Mercury is in retrograde during this week.

The other important aspect is Transiting Mars in Taurus will also Make Square aspect with Saturn that goes exact on Friday Aug 16, 2024 before market opens, the early morning hours.

Sun will be entering Leo Moon Sign on Friday Aug 15, 2024 early morning hours.

Jupiter is transiting in Taurus Moon Sign (Rishaba Rasi) while Saturn is in Aquarius (Kumba Rasi). It is creating a square aspect that is going exact on Monday Aug 19, 2024 towards the US market close. Its effects can be felt for the current whole week.

Overall, this week is going to be flooded with lot of events astrologically.

SPX closed at 5,344.16 on Friday Aug 09, 2024. It has had a very volatile week. I expect this volatility will increase even further for the next two weeks. There may not be any correlation between regular session and overnight futures price action.

I predict market will move up slightly in the beginning of this week. Then we may see a sudden fall, could be over 2 – 4% drop for 3 continuous sessions from Tuesday, that can total around 7 - 8% move down this week. It can create another panic and shock wave to financial markets.

Unexpected twists from Geopolitical, US Presidential Elections, and FOMC are likely to happen by later this week between Aug 15, 2024 and Aug 20, 2024.

In India, I could see market Nifty sell off can accelerate along with global markets slowdown.

Weekly Trading Forecast

Date	Forecast
Mon Aug 12, 2024	I could see the market move up again on Monday. But futures may start going down on Monday Aug 12, 2024.
Tue Aug 13, 2024	It is very likely market will go down, even losing 2 percent down.
Wed Aug 14, 2024	Market will gap down again and may lose another 3 percent down today.
Thu Aug 15, 2024	Market will gap down again and may lose another 2-3 percent down today. It will create a panic for the world market.
Fri Aug 16, 2024	If I am correct, traders and investors will be watching whether Fed can do emergency rate cut to save the economy. If we are down by at least 6 percent by Thursday market close, then today could be a speculator rally. On the contrary, market will reach another extreme by losing another 4% today. Based on planetary position, today is a very high risk for any trading activities. Even though you have made windfall profits earlier this week, you may lose everything on this one session.

For conservative and long-term investors

When VIX – CBOE volatility index goes about 60 next time, consider buying your favorable stocks for a long-term play. You can go with index funds, QQQ, SPY and SMH.

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