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gbblstmm4831
gbblstmm4831

So we spent all that time yesterday looking at four charts for SPX (30 minute, 60 minute, daily and weekly) but the one chart that supposedly called the drop perfectly (ES 45 minute?) that’s the one he didn’t show us? Hilarious. This has clearly become a hindsight exercise. If you put enough different moving averages on a chart, you’ll find one that price action respects too.

daniel039209
daniel039209

i believe peter was very focused last wednesday/thursday on nothing BUT upside targets spx 6300 and above. and the nvda 7/8 on thursday was higher,151 and up, NOT exactly as chart shown today... bearish at 3900 bulliish at 6086. i think that says most of it.

Peter Eliades
Peter Eliades
Moderator

gbblstmm4831 said:

So we spent all that time yesterday looking at four charts for SPX (30 minute, 60 minute, daily and weekly) but the one chart that supposedly called the drop perfectly (ES 45 minute?) that’s the one he didn’t show us? Hilarious. This has clearly become a hindsight exercise. If you put enough different moving averages on a chart, you’ll find one that price action respects too.

ES45 did not call the drop. You don't seem to understand the process. Drops can only be called after some upside projection (or better yet, all upside projections) have been met. I showed 45 ES because I discovered later in the week end that it did not give the equivalent of the 24.2/27.6 to the upside. That's all!

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