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Peter Eliades SMC Update 11-3-20 Election Day

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11/03/2020

Comments (3)
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andrewturchindmd881
andrewturchindmd881

peter, is the 3100-3200spx downside projection invalidated? thanks

Peter Eliades
Peter Eliades
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andrewturchindmd881 said:

peter, is the 3100-3200spx downside projection inval>andrewturchindmd881 said:

peter, is the 3100-3200spx downside projection invalidated? thanks

No, at least not yet Andrew. A move above 3500 over the next few days would be required to invalidate the SPX downside. The complicating matter is that the DJIA has already met the equivalent projection as I noted over the last day or two...

andrewturchindmd881
andrewturchindmd881

Peter Eliades said:

andrewturchindmd881 said:

peter, is the 3100-3200spx downside projection inval>andrewturchindmd881 said:

peter, is the 3100-3200spx downside projection invalidated? thanks

No, at least not yet Andrew. A move above 3500 over the next few days would be required to invalidate the SPX downside. The complicating matter is that the DJIA has already met the equivalent projection as I noted over the last day or two...

thank you

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