SMC Update 11-15-21

11/15/2021


Comments (8)
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markanderson22111352
markanderson22111352

Thank you Peter for your very professional and helpful analysis of the market. Your software is outstanding. I am in agreement with you regarding the market is due for a significant drop soon. However, with that being said, can you please discuss the 65 min $NDX.X and the Daily @NQ. Both seem to show significantly higher projections while the 65 min $NDX.X shows significantly lower projections. Appreciate your commentary on this and how to best analyze that.

markanderson22111352
markanderson22111352

The charts I am referring to are: 21/24 on the 65 min $NDX.X, 42/48 on the 65min $NDX.X and the 3.5/4 on the Daily @NQ.D.

victorsiegel1002
victorsiegel1002

Peter, as per the spx unconfirmed st projection, , my Elliot/Fibonacci projections, and the top of your longer term box, and a retest of your tops line, it sure looks like a 4730 top coming by Wednesday. As you know all too well, topping is a process often and the market likes to shake out as many as possible. Thanks for the great work.

Optimus
Optimus

Thanks, Peter. Great work. You are very modest but things are looking weak after the big run up. Perhaps it will just go sideways before moving up again; but, I am suspecting a decent drop starting soon.

adwhartonmd232
adwhartonmd232

Peter you always discuss seasonality in the market resulting in gains and as you are aware the Nov - Dec holidays generally results in gains and rare to see tops in this time frame more likely we will see tops in January or February

XXSPOWER127
XXSPOWER127

The QQQ /NQ HAS 16460 as 85+ % for 3-5 day and if that is reached then 7-8 will be invalidated and get a +++ higher also. I really don’t understand why you don’t say to everybody hey we have a positive three to 5 day NASDAQ reading hop on board the train....

elchico714622
elchico714622

XXSPOWER127 said:

The QQQ /NQ HAS 16460 as 85+ % for 3-5 day and if that is reached then 7-8 will be invalidated and get a +++ higher also. I really don’t understand why you don’t say to everybody hey we have a positive three to 5 day NASDAQ reading hop on board the train....

Agree. Keeps calling for a top but market keeps going up

XXSPOWER127
XXSPOWER127

elchico714622 said:

XXSPOWER127 said:

The QQQ /NQ HAS 16460 as 85+ % for 3-5 day and if that is reached then 7-8 will be invalidated and get a +++ higher also. I really don’t understand why you don’t say to everybody hey we have a positive three to 5 day NASDAQ reading hop on board the train....

Agree. Keeps calling for a top but market keeps going up

Now we hit the 16460 .. JUST AS THE SOFTWARE PREDICTED!! and now 7 / 8 has higer.. why GO AGAINST your own software days in advance. TELL your sheep BUY UNTIL 16568 .. THEN SELL THEN DO THE SELL ORDERS. ughhhhhhhhhhhhhhhhg

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