SMC Update 12-5-23

12/05/2023


Comments (7)
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CS37
CS37

kwmurphy2939 said:

Fibonacci can be done both mathematically and geometrically. Geometrically it is based on the golden mean triangle with sides of 1, 2 and an hypotenuse of 2.236068, the square root of 5. Adding 1 and 2.2360678 is 3.2360678 and then dividing by the side of 2 is 1.618034, which is the golden ratio. However, one can also add 1 + 2 and then divide by 2.2360678. The result is 1.3416. The distance from the 7/8/1932 low to the 10/10/2002 low is 25,661 calendar days, then multiplied by 1.3416 is 34,427. Adding that calendar day distance to the 9/3/1929 , the 1929 high is 12/6/2023. And there you have it, the reason why we have rallied into this time frame. We should open higher this morning and be negative by the close.

Wow! I have observed the Fibonacci ratios in action, but have never been able to use them successfully for forecasting purposes. Looking forward to seeing what happens, based on these Fibonacci relationships that you've highlighted, here.

Last updated

XXSPOWER127
XXSPOWER127

brian1469 said:

Thanks Peter! Anyway you could point us to the numbers we need to make some of the Monthly Projections. I would like to look at them on the software every now and then.

I'm still cautious here Janet Yellen and MMT Merry Pranksters are in the news again tonight. Pumping the Babylonian Majic Money

*YELLEN SAYS SOFT-LANDING SKEPTICS ARE NOW ‘EATING THEIR WORDS’ https://twitter.com/DeItaone/status/1732210271920292027

I'm sitting on my hands until she gets done pumping should be soon.

OK that was a funny update why? Monthly he decided to put his own metrics and then put invalids on the others to make downsides come up! He did not look at weekly !!

UGGGHHHHHH.

BIGLY

YUGE

kwmurphy2939 said:

Fibonacci can be done both mathematically and geometrically. Geometrically it is based on the golden mean triangle with sides of 1, 2 and an hypotenuse of 2.236068, the square root of 5. Adding 1 and 2.2360678 is 3.2360678 and then dividing by the side of 2 is 1.618034, which is the golden ratio. However, one can also add 1 + 2 and then divide by 2.2360678. The result is 1.3416. The distance from the 7/8/1932 low to the 10/10/2002 low is 25,661 calendar days, then multiplied by 1.3416 is 34,427. Adding that calendar day distance to the 9/3/1929 , the 1929 high is 12/6/2023. And there you have it, the reason why we have rallied into this time frame. We should open higher this morning and be negative by the close.

The length of the hypotenuse can be calculated using the Pythagorean Theorem, which states that in a right triangle, The square of the length of the hypotenuse (c) is equal to the sum of the squares of the lengths of the other two sides (a and b). The formula is written as:

c2=a2+b2c2=a2+b2

the square root of 5 U picked out of THIN AIR

ALSO REMEMEBER THIS ?

March to June S&P 2022 decline was 1000.43 points. 1000.43 divided by 1.2 is 833.69. August to October 2022 decline was 833.69 points. 1000.43 divided by 1.11111 is 900.39 points. October 2022 to June 2023 rally was 900.24 points. Bascially done. June 14th was 8984 market days from the 1987 crash. We won't completly top until day 9000, a couple weeks left, down then up, a loop as Peter calls it. Almost there.

U ALWAYS PICK NUMBERS OUT OF THE SKY

1.11111 8984

IT IS NOT LIKE THAT!

XXSPOWER127
XXSPOWER127

CS37 said:

kwmurphy2939 said:

Fibonacci can be done both mathematically and geometrically. Geometrically it is based on the golden mean triangle with sides of 1, 2 and an hypotenuse of 2.236068, the square root of 5. Adding 1 and 2.2360678 is 3.2360678 and then dividing by the side of 2 is 1.618034, which is the golden ratio. However, one can also add 1 + 2 and then divide by 2.2360678. The result is 1.3416. The distance from the 7/8/1932 low to the 10/10/2002 low is 25,661 calendar days, then multiplied by 1.3416 is 34,427. Adding that calendar day distance to the 9/3/1929 , the 1929 high is 12/6/2023. And there you have it, the reason why we have rallied into this time frame. We should open higher this morning and be negative by the close.

Wow! I have observed the Fibonacci ratios in action, but have never been able to use them successfully for forecasting purposes. Looking forward to seeing what happens, based on these Fibonacci relationships that you've highlighted, here.

OMG !!!!!!!!!!!

BROOKLYN BRIDGE .. FOR SALE. SEND ME A CHECK

XXSPOWER127
XXSPOWER127

brian1469 said:

XXSPOWER127 said:

brian1469 said:

Thanks Peter! Anyway you could point us to the numbers we need to make some of the Monthly Projections. I would like to look at them on the software every now and then.

I'm still cautious here Janet Yellen and MMT Merry Pranksters are in the news again tonight. Pumping the Babylonian Majic Money

*YELLEN SAYS SOFT-LANDING SKEPTICS ARE NOW ‘EATING THEIR WORDS’ https://twitter.com/DeItaone/status/1732210271920292027

I'm sitting on my hands until she gets done pumping should be soon.

OK that was a funny update why? Monthly he decided to put his own metrics and then put invalids on the others to make downsides come up! He did not look at weekly !!

UGGGHHHHHH.

BIGLY

YUGE

kwmurphy2939 said:

Fibonacci can be done both mathematically and geometrically. Geometrically it is based on the golden mean triangle with sides of 1, 2 and an hypotenuse of 2.236068, the square root of 5. Adding 1 and 2.2360678 is 3.2360678 and then dividing by the side of 2 is 1.618034, which is the golden ratio. However, one can also add 1 + 2 and then divide by 2.2360678. The result is 1.3416. The distance from the 7/8/1932 low to the 10/10/2002 low is 25,661 calendar days, then multiplied by 1.3416 is 34,427. Adding that calendar day distance to the 9/3/1929 , the 1929 high is 12/6/2023. And there you have it, the reason why we have rallied into this time frame. We should open higher this morning and be negative by the close.

The length of the hypotenuse can be calculated using the Pythagorean Theorem, which states that in a right triangle, The square of the length of the hypotenuse (c) is equal to the sum of the squares of the lengths of the other two sides (a and b). The formula is written as:

c2=a2+b2c2=a2+b2

the square root of 5 U picked out of THIN AIR

ALSO REMEMEBER THIS ?

March to June S&P 2022 decline was 1000.43 points. 1000.43 divided by 1.2 is 833.69. August to October 2022 decline was 833.69 points. 1000.43 divided by 1.11111 is 900.39 points. October 2022 to June 2023 rally was 900.24 points. Bascially done. June 14th was 8984 market days from the 1987 crash. We won't completly top until day 9000, a couple weeks left, down then up, a loop as Peter calls it. Almost there.

U ALWAYS PICK NUMBERS OUT OF THE SKY

1.11111 8984

IT IS NOT LIKE THAT!

X what are you talking about on the weekly's NQ the highest projection we have is up at 16653 on the 10. That is not that far off from where we were. I think everybody has open mind that this still could be reached by the end of the year for a double top.

But this is not so massive huge upside at all to throw a temper tantrum about

OK do you have the software ? I would say NO if you think that is the top level Someone who has the software CAN BACK ME THE F UP I dont understand how you people can sit here and listen to all this all the time examples

a) THE OTHER DAY he said we reached all UPSIDE PROJECTIONS ( well we have not ) how to check ? go to weekly .. go to monthly on the 30,60,90 Maybe I am just MORE VERSED in knowing how to navigate the software than all you guys?

b) he PUT NICK FILTERS !! THAT CHEATING what the heck !??

c) u cannot use ELIADES EMAIL thing to look at it

I thought you have the software

Look at /NQ DAILY.. THEN CLICK WEEKLY, THEN MONTHLY

not imput some random 6.83 and 9.13 and just use whatever floats your boat

XXSPOWER127
XXSPOWER127

brian1469 said:

XXSPOWER127 said:

brian1469 said:

Thanks Peter! Anyway you could point us to the numbers we need to make some of the Monthly Projections. I would like to look at them on the software every now and then.

I'm still cautious here Janet Yellen and MMT Merry Pranksters are in the news again tonight. Pumping the Babylonian Majic Money

*YELLEN SAYS SOFT-LANDING SKEPTICS ARE NOW ‘EATING THEIR WORDS’ https://twitter.com/DeItaone/status/1732210271920292027

I'm sitting on my hands until she gets done pumping should be soon.

OK that was a funny update why? Monthly he decided to put his own metrics and then put invalids on the others to make downsides come up! He did not look at weekly !!

UGGGHHHHHH.

BIGLY

YUGE

kwmurphy2939 said:

Fibonacci can be done both mathematically and geometrically. Geometrically it is based on the golden mean triangle with sides of 1, 2 and an hypotenuse of 2.236068, the square root of 5. Adding 1 and 2.2360678 is 3.2360678 and then dividing by the side of 2 is 1.618034, which is the golden ratio. However, one can also add 1 + 2 and then divide by 2.2360678. The result is 1.3416. The distance from the 7/8/1932 low to the 10/10/2002 low is 25,661 calendar days, then multiplied by 1.3416 is 34,427. Adding that calendar day distance to the 9/3/1929 , the 1929 high is 12/6/2023. And there you have it, the reason why we have rallied into this time frame. We should open higher this morning and be negative by the close.

The length of the hypotenuse can be calculated using the Pythagorean Theorem, which states that in a right triangle, The square of the length of the hypotenuse (c) is equal to the sum of the squares of the lengths of the other two sides (a and b). The formula is written as:

c2=a2+b2c2=a2+b2

the square root of 5 U picked out of THIN AIR

ALSO REMEMEBER THIS ?

March to June S&P 2022 decline was 1000.43 points. 1000.43 divided by 1.2 is 833.69. August to October 2022 decline was 833.69 points. 1000.43 divided by 1.11111 is 900.39 points. October 2022 to June 2023 rally was 900.24 points. Bascially done. June 14th was 8984 market days from the 1987 crash. We won't completly top until day 9000, a couple weeks left, down then up, a loop as Peter calls it. Almost there.

U ALWAYS PICK NUMBERS OUT OF THE SKY

1.11111 8984

IT IS NOT LIKE THAT!

X what are you talking about on the weekly's NQ the highest projection we have is up at 16653 on the 10. That is not that far off from where we were. I think everybody has open mind that this still could be reached by the end of the year for a double top.

But this is not so massive huge upside at all to throw a temper tantrum about

4900 /es ? thats massive

I wish we could attach screen shots or add pics here

wish TINYPIC was still around

WHERE IS FLASH LOL /YM ANYONE ??????????

CS37
CS37

XXSPOWER127 said:

CS37 said:

kwmurphy2939 said:

Fibonacci can be done both mathematically and geometrically. Geometrically it is based on the golden mean triangle with sides of 1, 2 and an hypotenuse of 2.236068, the square root of 5. Adding 1 and 2.2360678 is 3.2360678 and then dividing by the side of 2 is 1.618034, which is the golden ratio. However, one can also add 1 + 2 and then divide by 2.2360678. The result is 1.3416. The distance from the 7/8/1932 low to the 10/10/2002 low is 25,661 calendar days, then multiplied by 1.3416 is 34,427. Adding that calendar day distance to the 9/3/1929 , the 1929 high is 12/6/2023. And there you have it, the reason why we have rallied into this time frame. We should open higher this morning and be negative by the close.

Wow! I have observed the Fibonacci ratios in action, but have never been able to use them successfully for forecasting purposes. Looking forward to seeing what happens, based on these Fibonacci relationships that you've highlighted, here.

OMG !!!!!!!!!!!

BROOKLYN BRIDGE .. FOR SALE. SEND ME A CHECK

Will do. Spend it on some better medication, will ya?

CS37
CS37

CS37 said:

kwmurphy2939 said:

Fibonacci can be done both mathematically and geometrically. Geometrically it is based on the golden mean triangle with sides of 1, 2 and an hypotenuse of 2.236068, the square root of 5. Adding 1 and 2.2360678 is 3.2360678 and then dividing by the side of 2 is 1.618034, which is the golden ratio. However, one can also add 1 + 2 and then divide by 2.2360678. The result is 1.3416. The distance from the 7/8/1932 low to the 10/10/2002 low is 25,661 calendar days, then multiplied by 1.3416 is 34,427. Adding that calendar day distance to the 9/3/1929 , the 1929 high is 12/6/2023. And there you have it, the reason why we have rallied into this time frame. We should open higher this morning and be negative by the close.

Wow! I have observed the Fibonacci ratios in action, but have never been able to use them successfully for forecasting purposes. Looking forward to seeing what happens, based on these Fibonacci relationships that you've highlighted, here.

kwm: Modest start downward, today. Today's action would be a "shooting star" Japanese Candlestick. Could be a short-term top, at least!

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