SMC Update 11-20-23

11/20/2023


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ChuckG
ChuckG

290/330 offset on the SPX 65 min chart confirmed an upside projection today. The box is big, but the midpoint is right around 4800.

johngreen01554628
johngreen01554628

Peter, Why are we not looking at SPX and Dow with Globex charts. One thing peter forgot is all those high were made with Huge gap up that Got sold. So far all those gap up were brought. Not bearish

Save your self money, wait for the Gap up & Crap, Most likely will be tomorrow, No gap up and crap means market will head higher, Double top?? Peter could help by looking at Globex charts. Time to look at it, when his ass is on fire. said 30 Min Globex is more accurate. why are we not looking at those leaders, Magnificent 7. Is it because they have higher projections?

kwmurphy2939
kwmurphy2939

What is going on here is based on long term cycles, which are really controlling the market. The Nasdaq 100 neededed to print new highs above July to complete it, but nothing else does. In other words we should now be done on the updise. There was a panic low 10/28/1997 and another major low 1244 market days later on 10/10/2002. 1244 x 4.236 (1.618 cubed) is 5270 which projects to the midpoint between the July 19 and November 20th high exactly in the Nasdaqs. The point is 233 market days from the 10/13/2022 low, which is an exact Fib number and is about to have a strong impact in what is to come. What is about to happen is going to surprise the heck out of wall street and a lot of people, and Peter's going to be very happy about it. Come on in the water's fine, NOT! Wall Street thinks they are entitled to a year end rally. They are not.

kwmurphy2939
kwmurphy2939

What is going on here is based on long term cycles, which are really controlling the market. The Nasdaq 100 neededed to print new highs above July to complete it, but nothing else does. In other words we should now be done on the updise. There was a panic low 10/28/1997 and another major low 1244 market days later on 10/10/2002. 1244 x 4.236 (1.618 cubed) is 5270 which projects to the midpoint between the July 19 and November 20th high exactly in the Nasdaqs. The point is 233 market days from the 10/13/2022 low, which is an exact Fib number and is about to have a strong impact in what is to come. What is about to happen is going to surprise the heck out of wall street and a lot of people, and Peter's going to be very happy about it. Come on in the water's fine, NOT! Wall Street thinks they are entitled to a year end rally. They are not.

kwmurphy2939
kwmurphy2939

What is going on here is based on long term cycles, which are really controlling the market. The Nasdaq 100 neededed to print new highs above July to complete it, but nothing else does. In other words we should now be done on the updise. There was a panic low 10/28/1997 and another major low 1244 market days later on 10/10/2002. 1244 x 4.236 (1.618 cubed) is 5270 which projects to the midpoint between the July 19 and November 20th high exactly in the Nasdaqs. The point is 233 market days from the 10/13/2022 low, which is an exact Fib number and is about to have a strong impact in what is to come. What is about to happen is going to surprise the heck out of wall street and a lot of people, and Peter's going to be very happy about it. Come on in the water's fine, NOT! Wall Street thinks they are entitled to a year end rally. They are not.

daniel039209
daniel039209

SPX up 450 points and NDX up ~14% in some 16? Days. Today you announce you will try to have an unbiased view of the market projections and your interpretation and NDX could rally only another 1000 points? It’s never too late late to show intellectual honesty along with some situational awareness. Versus just being bearish in one of the most explosive rallies in decades, while you remained steadfast to some "coming collapse'' , no matter what. Glad to see change.

Last updated

XXSPOWER127
XXSPOWER127

@@@ ALERT ALL MEMBER ALERT !!!

PETER IS BULLISH IN THIS VIDEO

FADE !!!!!

daniel039209
daniel039209

XXSPOWER127 said:

@@@ ALERT ALL MEMBER ALERT !!!

PETER IS BULLISH IN THIS VIDEO

FADE !!!!!

absolutely , the closest thing to being bullish he has offered. "unbiased from now on, could go to 17000 on NDX' even though we just rallied 2000 points.I wish he would go over where he ignored or just missed. Noone is perfect but NVDA? NDX high for year? that is not a little oopsie>

johngreen01554628
johngreen01554628

daniel039209 said:

XXSPOWER127 said:

@@@ ALERT ALL MEMBER ALERT !!!

PETER IS BULLISH IN THIS VIDEO

FADE !!!!!

absolutely , the closest thing to being bullish he has offered. "unbiased from now on, could go to 17000 on NDX' even though we just rallied 2000 points.I wish he would go over where he ignored or just missed. Noone is perfect but NVDA? NDX high for year? that is not a little oopsie>

Just don't know why he refuse to Look at Magnificent 7, More interested in Crash. Soon as he shows big down like Monday stock did the opposite.

Peter please look at Magnificent 7 stocks, SMH etf and FAANG. 30-65 Min chart

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