SMC Update 1-3-22

Peter what’s the record for number of loop projections higher before a major top has occurred in the past since you have been doing SMC What’s the number loop projections higher have we had during this run to new highs ?

I said this a few times before but unfortunately Peter didn’t respond to my comments.

THERE EXISTS a higher projection that nobody (including Peter) is talking about. And that is the longest projection on daily chart of NYA at 18920-19467 (equivalent of around 5000 in SPX). You can see that if you import NYA data into trade station or just do simple calculation using the way that cycle projections work. I said this when SPX was at 4400 multiple times so people don’t short this assuming there is no higher projection, but unfortunately my comments were ignored.

Last updated 4 years ago

Hi Peter. What is upside target for Tesla with the breakout ?

jhomann821223 said:

I said this a few times before but unfortunately Peter didn’t respond to my comments.

THERE EXISTS a higher projection that nobody (including Peter) is talking about. And that is the longest projection on daily chart of NYA at 18920-19467 (equivalent of around 5000 in SPX). You can see that if you import NYA data into trade station or just do simple calculation using the way that cycle projections work. I said this when SPX was at 4400 multiple times so people don’t short this assuming there is no higher projection, but unfortunately my comments were ignored.

I totally agree. YM shows a high side projection to just above 38000. I have some log channels which show SPX could get to 4980 this month before crashing down to 4020 in February/March. https://ibb.co/tx5rvGM