SMC Special Update 6-15-23 9am Pacific

06/15/2023


Comments (26)
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srblack1960144
srblack1960144

Thanks Peter. For SPX, there is also one very short term higher projection that I see. On the 30 minute chart, 5.7/6.5 offsets, there's an unmet projection to 4414.4 to 4419.6. Sure looks like a blow off top. The CNN Fear/Greed meter hit 82 this morning, tying the 2/1/2023 peak value.

fast3777
fast3777

Peter thanks. Looking awfully fragile now. If Bitcoin starts to break lower that should do it.

jshemanski49196
jshemanski49196

Peter, thanks for the update but I am seeing a high of 15,134 on the NDX today & not the 15,300+ indicated in this video? See https://finance.yahoo.com/quote/%5ENDX?p=^NDX&.tsrc=fin-srch, please clarify.

kasparbredahl2595
kasparbredahl2595

jshemanski49196 said:

Peter, thanks for the update but I am seeing a high of 15,134 on the NDX today & not the 15,300+ indicated in this video? See https://finance.yahoo.com/quote/%5ENDX?p=^NDX&.tsrc=fin-srch, please clarify.

Sounds like the e-mini. I haven’t watched video yet though.

daniel039209
daniel039209

jshemanski49196 said:

Peter, thanks for the update but I am seeing a high of 15,134 on the NDX today & not the 15,300+ indicated in this video? See https://finance.yahoo.com/quote/%5ENDX?p=^NDX&.tsrc=fin-srch, please clarify.

he is tracking the NQ_z futures 15330 etc

daniel039209
daniel039209

fast3777 said:

Peter thanks. Looking awfully fragile now. If Bitcoin starts to break lower that should do it.

sir, in what world do you see 'fragile'? japan at 34 year high? all the big cap trillion dollar companies at 52 week highs? even if you got a 3-5% pullback next weeek starting, you will only go back to the late May early June levels. stocks DONt crash from highs. You sited 1 time in 31 years it may have happened. they crash after making lower highs and lower lows and then drop. Lets just deal with reality. Not what you wish to happen. my 2 cents

ericoh792283
ericoh792283

Wow. This rally has some energy! I personally think we go much higher up

ericoh792283
ericoh792283

Market breadth is incredible.

Last updated

ericoh792283
ericoh792283

How Peter and his system missed this rally….and still bearish. Still looking for the top. Still looking for 30% correction.

XXSPOWER127
XXSPOWER127

What's another 200 /NQ

LMAO

fast3777
fast3777

That 4th wave triangle and then the move up at some point will end the greatest B wave since 1929 and 1987. UNH should lead it down.

ericoh792283
ericoh792283

Greatest decline ever lol. UNH will lead the decline to $1. Lol

James_King2354411
James_King2354411

what about SPX and Dow what are they saying?? Is the Long Term downside projection still valid on NDX or it's gone up in the smoke like VIX

Last updated

fast3777
fast3777

daniel039209 said:

fast3777 said:

Peter thanks. Looking awfully fragile now. If Bitcoin starts to break lower that should do it.

sir, in what world do you see 'fragile'? japan at 34 year high? all the big cap trillion dollar companies at 52 week highs? even if you got a 3-5% pullback next weeek starting, you will only go back to the late May early June levels. stocks DONt crash from highs. You sited 1 time in 31 years it may have happened. they crash after making lower highs and lower lows and then drop. Lets just deal with reality. Not what you wish to happen. my 2 cents

Do you know what happens when these mania B waves end THEY CRASH so don't be too greedy or stupid and stay to long. Capice

XXSPOWER127
XXSPOWER127

HILARIOUS !!!!

dcarter8883312
dcarter8883312

Sometimes TIME Is More Important Than Price! June 21st likely will be the peak. Markets will be closed on Monday celebration of Juneteenth so just a few more days to go! Don’t be surprised IF SPX sees 4600. This Blow Off Will Be One for the Recordbooks! ~Dorothy

dcarter8883312
dcarter8883312

Humor me All the Super Bulls: Just Curious Have You Ever Been in a Bear market before? My guess is Not by cavalier attitude like this Bull will rocket to moon. The only index I see Possibly making a new high is the DJIA thanks to lower US$. ~Dorothy

ericoh792283
ericoh792283

I think bears are desperate. They r now talking nonsense. Lol

dcarter8883312
dcarter8883312

ericoh792283 said: You can be bearish and still have long trades on. I’m long for only for a few more days then I will be Short to the gills! ~Dorothy

I think bears are desperate. They r now talking nonsense. Lol

ericoh792283 said:

I think bears are desperate. They r now talking nonsense. Lol

ericoh792283
ericoh792283

This market is on 🔥. Burning all shorts

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