SMC Special Update 2-8-24 9-20 am PST

02/08/2024


Comments (13)
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spencerdavis2000
spencerdavis2000

Hi Peter. on my software I also have @NQ higher projections of the following with all nick filters set to 0:
Daily chart @NQ confirmed (non logarithmic) 3.5/4 from 17932 to 17961 7/8 form 187075 to 18095

Weekly chart @NQ confirmed (using logarithmic) 100/110 from 19069 to 21129 and mid at about 20142 and the downside of 9361 down to 7924 has been invalidated.

Do you not see these projections on your data feed? I ask because you said @NQ 45 min was the last one then there are no more and I see 3 more so wondering if there is a problem if you are running the software on the new platform (which I am using) vs the old platform (which you are using)

maybe Steffen should test both platforms on his machine to make sure?

brian1469
brian1469

All I have to say this is the gayest manipulation yet by Yellen and her MMT Merry Pranksters

Watch us inch it to 5000 and vote for Biden

XXSPOWER127
XXSPOWER127

brian1469 said:

All I have to say this is the gayest manipulation yet by Yellen and her MMT Merry Pranksters

Watch us inch it to 5000 and vote for Biden

I guess you want Steven Mnuchin back? He did the same stuff You just don't know how to trade without a #NICK filter

LMAO !!

brian1469
brian1469

XXSPOWER127 said:

brian1469 said:

All I have to say this is the gayest manipulation yet by Yellen and her MMT Merry Pranksters

Watch us inch it to 5000 and vote for Biden

I guess you want Steven Mnuchin back? He did the same stuff You just don't know how to trade without a #NICK filter

LMAO !!

They are both Zionists who's ultimate goal is to bankrupt the US so they can have there Zionist New World Order they have been talking about for the last 100 years

Last updated

ericoh792283
ericoh792283
  1. 😂
thompsonbenji224735
thompsonbenji224735

brian1469 said:

XXSPOWER127 said:

brian1469 said:

All I have to say this is the gayest manipulation yet by Yellen and her MMT Merry Pranksters

Watch us inch it to 5000 and vote for Biden

I guess you want Steven Mnuchin back? He did the same stuff You just don't know how to trade without a #NICK filter

LMAO !!

They are both Zionists who's ultimate goal is to bankrupt the US so they can have there Zionist New World Order they have been talking about for the last 100 years

Zionists lol.ok. delusional

thompsonbenji224735
thompsonbenji224735

brian1469 said:

XXSPOWER127 said:

brian1469 said:

All I have to say this is the gayest manipulation yet by Yellen and her MMT Merry Pranksters

Watch us inch it to 5000 and vote for Biden

I guess you want Steven Mnuchin back? He did the same stuff You just don't know how to trade without a #NICK filter

LMAO !!

They are both Zionists who's ultimate goal is to bankrupt the US so they can have there Zionist New World Order they have been talking about for the last 100 years

Zionists lol.ok. delusional

daniel039209
daniel039209

NDX- 17922. I feel like this is the top. Considering the %age move from Nov 2023- some 3650 points and the Dec 2022 lows of ? 11,100? I think Peter has found an area that should consolidate the market. Markets don’t top and go straight down like Peter suggests. One would be lucky - if a bear- to get a 6-8% pullback. Which gets you to late Dec levels. Not really the crash to 8000 NDX that has been predicted. Today is the high for a while. I’m selling 69% of longs Good luck every one

adwhartonmd232
adwhartonmd232

All bull markets over time will have corrections of 5-10% plus and eventually will turn into Bear Market> 20% loss so at some point Peter be correct Especially if WW3 occurs

adwhartonmd232
adwhartonmd232

All bull markets over time will have corrections of 5-10% plus and eventually will turn into Bear Market> 20% loss so at some point Peter be correct Especially if WW3 occurs

XXSPOWER127
XXSPOWER127

Just sell 18075 its EASY to see what the situation is !!

sheep

NQ

daniel039209
daniel039209

adwhartonmd232 said:

All bull markets over time will have corrections of 5-10% plus and eventually will turn into Bear Market> 20% loss so at some point Peter be correct Especially if WW3 occurs

He literally has been INCORRECT for som 6952 NDX points and over 1000 SPX points. Not in a lifetime will he “hold”a short to make that much PLUS the lost opportunity. If/ when we correct , he will have downside targets that we will probably smash through. It’s part of the “bearish mindset to look for support all the way down” The rally that has taken place- the biggest in my time in the market -was lost if you follpwed SMC script. Period. Where is special update? We r through his target , no?

Also, if Everyone can just hit “post comment “ once. It will go through ty

Last updated

jwkim33366
jwkim33366

Well, the downside projection on the nasdaq composite that has been reviewed numerous times over the past year on the 482.3 offset was finally invalidated today. We now have projections near 19,000 now. I dont think there are any downside projections left.

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