Peter Eliades video commentary cover for non subscribed members

SMC Update 12-19-23

Video Bundle

12/19/2023

Comments (5)
We welcome all comments related to market timing. We do not welcome political and insulting comments, however, and comments of a political nature belong elsewhere and could lead to removal and blocking the originator of such political comments.

You cannot post comments.
Sign up for the Video or Bundle membership now and get access to exclusive content!
Login for Members

spencerdavis2000
spencerdavis2000

Hope you feel better Peter

XXSPOWER127
XXSPOWER127

brian1469 said:

Hope you get to feeling better. I just started getting sick tonight also.

Peter do you ever look at the continuum on the webchart to guide you. I'm looking at longer weekly projections tonight and it looks to me that we have to absolutely start falling fast by the beginning of January or all those lower projections won't mean much.

Looking at the form of the continuum this is the time period when things should go down by the way the continuum moves down into June 2024. We need some speed on the downside or the bear case is done. I guess this makes sense since we have hit all the upper projections from the October 22 low when this leg up started. The 39/40 and 100/110 weekly projections look like the continuum is at the usual or similar spot when things turn.

Also we just missed the 10 weekly on the SPX by a point today.

What I feel is we are at the turn or the bear case is over. Nothing earth shattering with that but the continuum looks to me like it should be pretty sharp on the downside if it goes that way.

Looking at the 39/40 on the SPX and the structure of the continuum it looks like we could be back under 4000 by April.

IMHO Just wait until Jan 4th Jan 5th for the real top

CHECK OUT 96.8 @NQ WEEKLY .. LOOK AT PRELIMINARY 20,000 OH YEAH

LOOK AT BTC.. THAT IS A LEADER RIGHT NOW

ESPECIALLY /BTC

LOOK AT 3-4 /BTC THEN 7-8 /BTC () IF 3-4 WHICH HAS FANTASTIC % OF HITS ()

I SEE DEAD PEOPLE..

Oh wait that was a movie .. I see / BTC 48101 .. hehehehee

RIDETHEWAVE

OIL

BITCOIN

KEEPYOUREYESOPENAND

DONTPICKTOPSEVERYDAY

r86738282
r86738282

Feel better Peter!

CS37
CS37

brian1469 said:

Looks like the 189/194 held the key see if we can get a nice reversal from here

Stock market definitely feeling "heavier". Watching along with you!

One thing to note, though. Volume is drying up because of traders taking off for the holidays. This tends to make markets "float" upwards. Just keep that in-mind.

Last updated

CS37
CS37

brian1469 said:

Looks like the 189/194 held the key see if we can get a nice reversal from here

Brian: Nice call. First tradeable downside move in weeks!

Last updated

1-5 of 5