SMC Update 11-29-22

11/29/2022


Comments (6)
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spencerdavis2000
spencerdavis2000

thanks Peter. Let's hope for a sharp decline in SPX. IT seems BTCUSC kind of leading the way for SPX

ryguy
ryguy

Appreciate the Bitcoin and Ethereum update. Oh my, if they hit. Huge upside needed to invalidate. Are you able to predict what's needed to invalidate 4 to 6 months out? Peter, can you please speak to how to interpret a decision point with vertical line that will confirm either direction similar to the S&P and Bitcoin set up. Probability wise, how often does it confirm vs avoid the near vertical line?

Last updated

jakelu383536
jakelu383536

there are still upside projectoins on s and p. Bet we hit them before going down

ryguy
ryguy

trend is up folks! S&P needs a miracle to the downside in order to avoid the S&P 48.4 upside projection validation. 65 minute already confirmed (290.4 offset)

Last updated

Guido van Schagen
Guido van Schagen

Did you see the Dow 189/194 offset Peter? It is confirmed to to at least 38761.

Martijn
Martijn

This is really disappointing.

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