SMC Update 12-11-23

12/11/2023


Comments (11)
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XXSPOWER127
XXSPOWER127

brian1469 said:

Thanks Peter! I thought of your weekend update on BTC today.

Finally got in on some individual names that had reached their upsides. Then put on an SPX Spread with an MES hedge.

Looking for a pop in the morning off CPI that gets us to all the tops in the minute projections tops and a reversal from there.

Would still not be surprised if we get a pull back then the Santa rally into the first of January to make double tops on the indices and meet all the upper weekly projections

Brian.. Ummm there are 13 days till Jan 1 You know to MEET THE weekly upper is 5000 right?

Oh also let's see if NEWS MOVES the markets or the FED MOVES THE markets like someone says does not happen .. hahhaaha

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alengray99514666
alengray99514666

kwmurphy2939 said:

You know Peter, every projection, trendline, cycle, etc. keeps getting blown out. And you don't address those. You just come up with new stuff every day, and then it get's blown out withing a day or so. What's the point. What you're doing isn't working.

Special updates???

Looking at indexes that fit's the Narrative. BTC went down, Done YouTube updates. Same time Subscribers here are getting Killed. Look at BTC today. Why are we not Looking at Major indexes, NDX, SPX and Dow.... Does not meet bearish narrative? Search for 1835 market crash. There is nothing. 1835 Chart is totally made up. Fake chart??? NDX/Dow ratio chart isn't working. now over 6%, might even do 10%, by that time we will all be poorhouse

Someone has lost the Plot or not reading the projections

kasparbredahl2595
kasparbredahl2595

There was the panic of 1837 and stock prices had begone falling before that. I don’t know from where Peter got his chart with equity price. But you can find similar chart over the stock exchange (starting later). https://www.researchgate.net/figure/Monthly-capital-appreciation-index-1-181512-1999_fig1_23754641

kasparbredahl2595
kasparbredahl2595

There was the panic of 1837 and stock prices had begone falling before that. I don’t know from where Peter got his chart with equity price. But you can find similar chart over the stock exchange (starting later). https://www.researchgate.net/figure/Monthly-capital-appreciation-index-1-181512-1999_fig1_23754641

XXSPOWER127
XXSPOWER127

kasparbredahl2595 said:

There was the panic of 1837 and stock prices had begone falling before that. I don’t know from where Peter got his chart with equity price. But you can find similar chart over the stock exchange (starting later). https://www.researchgate.net/figure/Monthly-capital-appreciation-index-1-181512-1999_fig1_23754641

4% to 6% is 2% right?

thats 50% difference !! he does not do MATH GOOD

WHY DOES NO ONE DISCUSS THE WEEKLY AND THE MONTHLY ?

BIG

YUGE UPSIDE

XXSPOWER127
XXSPOWER127

/NQ 10.10 WEEKLY HAS ANOTHER 1250 POINTS TO RAMP

MEANWHILE BACK AT THE RANCH FOOLS PICKING TOPS

OH ALSO

A) XMAS TIME IS HISTORIC BULLISH B) INCUMBENT PRESSIE YEARS BERRY BERRY BOOLISH C) VIX AT 12 IS NOT BEAR D) /YM 1% FROM " ATH "

BUT YOU GUYS ( AND GALS ) WANT TO PICK TOPS LOL !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

XXSPOWER127
XXSPOWER127

@@@ ATTN

$VIX BROKE 12.3 Look it up thats BULLISH

@@ ATTN

MARCH 2022 HIGHS THATS BULLISH

WHERE IS FAST ? DID HE GET BAGGED ?

HE CAN STILL BUY /YM ITS MEME

alengray99514666
alengray99514666

Any update before the Close?

daniel039209
daniel039209

just to recap: ndx up 535 points in 4 trading days. Yet, the projections keep "nailing it"? Peter dug in deep on short side at end of Oct/1st day of Nov. Pointed out that my saying "the IWM was already down like 34%- how is that NOT a bear market and they dont go down forever"- was faulty because in 2000-2003 they went down alot. Pushed back against XXX saying "no huge upside'' Not the same market. And this isnt the COVID decline type of market either. Bias is based on 2 instances over 23 years that are almost in no way related. Thanks for playing! Bound to turn bullish tonight. Lets go !

tompark3597
tompark3597

Look at the VIX. A new low for the year. It’s insane!! Your thoughts?

daniel039209
daniel039209

tompark3597 said:

Look at the VIX. A new low for the year. It’s insane!! Your thoughts?

Tom- I put this in the room on 11.29. It’s levels of VIX and how market performs. Spoiler alert; when it was 19,18,17.5 on its way to 12.6 Peter had it dead to rights wrong and backward. It coincides with very sizable gains. VERY large gains. Which has happened since he was on the Vix for months earlier this year. Result ; NDX up 43%

https://twitter.com/SethCL/status/1729843340328198428/photo/1

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