SMC Update 10-3-22

10/03/2022


Comments (10)
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danizh53
danizh53

Thank you Peter, especially for the TSLA update. See you tomorrow!

gnote161749
gnote161749

peter, GDX and qqq please. Thanks

volfgang
volfgang

Thanks Peter, really appreciate you zooming into the shorter term time frames for us.

Could you take a look at Gold/Silver some big moves to the upside yesterday may have generated new upside projections.

talbenbasat2897
talbenbasat2897

Thanks Peter. Could you please check into Silver and Gold

flippendales3072
flippendales3072

An update on Gold & Silver would be highly appreciated.

mabenterprises773070
mabenterprises773070

Can you please add some currencies on web chart, eurusd, gbpusd, usdjpy, euraud, usdcad

theb.alloonman3132
theb.alloonman3132

Looks like a projection into the 3900s is possible with an early morning RTH squeeze

jshemanski49196
jshemanski49196

Looks like the "upper end" of your projections has already been exceeded. On Sunday night you also indicated that we could get a "1-2 %" rally, but not more than that. Too much bearish bias here, and way too many cheerleaders. Couldn't the last S & P chart we looked at yesterday also be interpreted bullishly, as we entered the projections window on an upside projection?? We need more objectivity, imo.

Last updated

brian1469
brian1469

jshemanski49196 said:

Looks like the "upper end" of your projections has already been exceeded. On Sunday night you also indicated that we could get a "1-2 %" rally, but not more than that. Too much bearish bias here, and way too many cheerleaders.Couldn't the last chart we looked at last night also be interpreted bullishly, as we entered the projections window? We need more objectivity, imo.

But also all the downside projections had been met but the 48.4/55.3. The 48.4/55.3 allows a rally up to 4000 on the ES with out being invalidated. So a rally here was a very plausible outcome

theb.alloonman3132
theb.alloonman3132

brian1469 said:

jshemanski49196 said:

Looks like the "upper end" of your projections has already been exceeded. On Sunday night you also indicated that we could get a "1-2 %" rally, but not more than that. Too much bearish bias here, and way too many cheerleaders.Couldn't the last chart we looked at last night also be interpreted bullishly, as we entered the projections window? We need more objectivity, imo.

But also all the downside projections had been met but the 48.4/55.3. The 48.4/55.3 allows a rally up to 4000 on the ES with out being invalidated. So a rally here was a very plausible outcome

Exactly, while true the lower projections don't have an outstanding higher target, this one also doesn't have a lower one, and the potential to cross 3750 which it did, and generate higher targets.

That's the system. Agree Peter usually has a bearish bias but what he shows on the charts are facts, and was there to see.

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