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Comments (6)

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howard88
howard88

How is the a/d line looking? With all this volitility lately have any Hindenburg Omens appeared? Thanks, Peter.

arcon00224
arcon00224

Hi Peter, on your week ending Dec 17th (recorded Dec 18th) you showed the USO 48.4 offset downside projection at 43. I was just looking at your web app and if I'm seeing it correctly, that offset was invalidated today. Can you squeeze it in if you get a chance? Surprising if it was invalidated as it had an 89% accuracy rate

dr191103
dr191103

That is going to be a GREAT update! Thanks Peter

Peter Eliades
Peter Eliades
Moderator

thebigbluecheese said:

Peter, ....with the S&P 2/5 upside projection having been met, the 5 /501 weekly has not been invalidated (yet) & shows more upside to go....

thebigbluecheese said:

Peter, ....with the S&P 2/5 upside projection having been met, the 5 /501 weekly has not been invalidated (yet) & shows more upside to go....

On my weekly chart of SPX, the 5/5.01 offset gave an upside projection starting at 4807.13. The high last week was 4818.62, satisfying the minimum upside projection. Do you show something different?

Peter Eliades
Peter Eliades
Moderator

arcon00224 said:

Hi Peter, on your week ending Dec 17th (recorded Dec 18th) you showed the USO 48.4 offset downside projection at 43. I was just looking at your web app and if I'm seeing it correctly, that offset was invalidated today. Can you squeeze it in if you get a chance? Surprising if it was invalidated as it had an 89% accuracy rate

Yes, Arcon, I agree with you. The downside has been invalidated and it was surprising because of the high statistical achievement rate...

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