SMC Update 11-09-23

11/09/2023


Comments (10)
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Peter Eliades
Peter Eliades

Sorry for the temporary problems with the update. All should be OK now!!

johngreen01554628
johngreen01554628

Doing daily updates but never look at 30min Globex, unless there is big rally. Most days it's long term picture, That should be for the weekend updates.

Should look at Globex during the daily updates. SMH is one to look at, Similar to NDX chart.

Hope we see more Globex updates, It's how Hurst would have done

MJMassens2570
MJMassens2570

Can you discuss the % of times those Nasdaq Composite Downside projections are met?

And separately (or perhaps even on the same topic), when a projection becomes "overdue", what does history show tends to happen next? I've only been following for a year or 2 and haven't seen what happens with "overdue" projections.

johngreen01554628
johngreen01554628

MarketTiming01 said:

Peter .... hope at some point this DOW/NDX ratio works out ... unlike all the time you spent on the VIX and how that was a good indicator, it was not ...... and we all know what happen from Oct 2022 to July 2023 ... up up up ..... thanks again, this market continues to fool the most

NDX/DOW may prove to be wrong just like VIX. We just don't know. 17 weeks now. Lot longer then any other time. Is that the clue? Hope not More time is spent on Long term on daily update then need to be. Bitcoin has big down side projection. Not much use when it's gone to 37K from 20K.

NDX/DOW is back over 45. Wrong God or it will head south by days end?

Last updated

brian1469
brian1469

Thanks Peter!

I'm looking at the one minute charts and there was 5 minutes were we had one of the worst 30 year auctions ever that made the market slip.

Since then back to the B.S.

There really is no upper projections on the short term 27, 30, 65 minute charts we have hit them way further back. But that doesn't matter to the manipulators

Back to Free Money Friday Vix will probably have a 13 handle on it by the end of the day

Edit: Terrible Consumer numbers this morning so the market might be down for a few minutes. before they step in again.

Also still no lower projections given on the short term we still have lower numbers that haven't been hit but this market got totally messed up by whatever you want to call that move this morning.

They gave us a the shortest term 27 and 30 minute lower which we hit. But somebody does not want this market to fall today it feels like

Yep that move saved the day probably just chopped sideways the rest of the day

Have a good weekend

Last updated

XXSPOWER127
XXSPOWER127

TOLD ALL YALL long on Monday.

What's another 200 /NQ among friends

Thanks 🍎!!!

have a nice weekend

Winning!!

XXSPOWER127
XXSPOWER127

Weekly will now have higher! Bear 🐻 stew being served

XXSPOWER127
XXSPOWER127

There it is 15550 I am out Thanks 300 pts Listen to the projections next time elides ...

No bear suit

johngreen01554628
johngreen01554628

XXSPOWER127 said:

There it is 15550 I am out Thanks 300 pts Listen to the projections next time elides ...

No bear suit

He will go back to his bad habits.

XXSPOWER127
XXSPOWER127

johngreen01554628 said:

XXSPOWER127 said:

There it is 15550 I am out Thanks 300 pts Listen to the projections next time elides ...

No bear suit

He will go back to his bad habits.

johngreen01554628 said:

XXSPOWER127 said:

There it is 15550 I am out Thanks 300 pts Listen to the projections next time elides ...

No bear suit

He will go back to his bad habits.

He will go on to something new .. like moons and eclipses and 45 trading days and 57 trading days ...

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