SMC Bulletin 11-30-22

11/30/2022


Comments (10)
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Peter Eliades
Peter Eliades

Here is the link to the YouTube Update: https://www.youtube.com/watch?v=_0J7KO2Uul4

Tima
Tima

Peter Eliades said:

Here is the link to the YouTube Update: https://www.youtube.com/watch?v=_0J7KO2Uul4

Thanks Peter

m1.c70
m1.c70

Thanks Peter.

brian1469
brian1469

Closed that SPX gap this morning at the open. Took a shot at the downside this morning because of it

jakelu383536
jakelu383536

lookd like we could trigger a 4400 upside on ES and 13000 on NQ today depending on the close. Interesting TURNing of events

spencerdavis2000
spencerdavis2000

thanks Peter

brian1469
brian1469

Peter I have to ask do you put more significance to weekly projections over daily?

Because we have now hit all upside projections on the ES weekly's the 2, 5 and the 20. The downside 10 is about to be invalidated but if we can move down by the end of the day Friday we could all of a sudden looking at a very bearish outlook on the weekly ES projections with the 10 still being out there with potential to trigger more on the way

What makes me think this scenario could happen is the 3.5 on the daily still has that lower projection down to 3908. If we can get there by Friday's close we could have something cooking. Need to go down here at the end of the day for it to happen I believe

jakelu383536
jakelu383536

looks like all downside projections will be invalidated at the close. Yesterday I played calls due to the short term upside projections. I bought more calls today in liue of the continued upside projections.

jakelu383536
jakelu383536

Downside officially terminated based on the closed today. I suspect we get into the next upside projection before coming back down and have another downside projection given. The upsides have been very very reliable. This is good software--have to respect the projections.

jakelu383536
jakelu383536

We also confirmed the 4400 ES upside projection basedon the close--above the contiiumm. This is getting interesting. We eventually coud be looking at a very very BIG FALL

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