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S&P 500 headed to 5×00
In the previous session, the stock market closed positively. Dow closed at 42967, S&P 500 closed at 6045, Nasdaq closed at 21913 and Russell closed at 2140.
We had written that the market could correct anytime from 13 June 2025. In today’s Asian hours, the US stock market is down by 1-1.5%. While the newsletter is being written, Dow made a low of 42266, S&P 500 made a low of 5934, Nasdaq made a low of 21475 and Russell made a low of 2077.
Jupiter enters Sagittarius navamsa today and will remain here until 28 June 2025. On 28 June 2025, it’ll change prior to US opening. Whenever Jupiter is in Cancer/Sagittarius navamsa, it causes a significant drop in the market. On 19 March 2025, Jupiter entered Cancer and remained there until 10 April 2025. The market’s bottom was made around the same time wherein S&P 500 made a low close to 4800. After 10 April, the said bottom was not breached. S&P 500 bounced back to 6050. The recent high for S&P 500 is 6069. Use 6069 as stop loss in the short position. If the said high is not breached then S&P 500 may correct to 5500.
The above view was shared in Daily Newsletter of 13 June 2025.
In Annual Letter 2025, we predicted a sizeable rally in crude oil and gold/silver in the month of June 2025. Crude made a high of 77 in today’s session.
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Mr. Rajeev Prakash
Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.
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