SMC Update 2-9-23

02/09/2023


Comments (10)
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brian1469
brian1469

Thanks Peter exciting times thanks for looking at UNG I got in it last week so I'm happy you showed the projections on it now I know to get out if it starts heading down from here.

Hopefully we can get another early morning pop to sell into

Also the LNG exporting in Houston is back on that will raise prices in UNG because they will sell the supply that was coming all of us Americans and get more money for it on the international market

Last updated

danizh53
danizh53

Any updates on TSLA? You had further downside projections which were never met. Been waiting for them to come to fruition while TSLA has rallied.

benjamintang713642
benjamintang713642

Thank you Peter for the update on Natural Gas. I would appreciate it very much that you do some further update on Natural Gas in the near future. Some subscribers (such as myself) do trade Natural Gas (and crude oil), in addition to the usual stock indices. Many thanks again!

dcarter8883312
dcarter8883312

SPX Lower Projection Met. Peter or someone who has software have lower projections short term been given? Thanks πŸ™~Dorothy

rsshah68
rsshah68

About to get lower downside projection on the 65 minute chart (42/48 offset) for SPX (around 4000) and QQQ (around 290).

dcarter8883312
dcarter8883312

rsshah68 said:

About to get lower downside projection on the 65 minute chart (42/48 offset) for SPX (around 4000) and QQQ (around 290).

Rsshah68 Thanks πŸ™ I show a Short Term low 2-14 and sideways chop until Feb 27. ~Dorothy

rsshah68
rsshah68

dcarter8883312 said:

rsshah68 said:

About to get lower downside projection on the 65 minute chart (42/48 offset) for SPX (around 4000) and QQQ (around 290).

Rsshah68 Thanks πŸ™ I show a Short Term low 2-14 and sideways chop until Feb 27. ~Dorothy

There is room to rally before we can get the next downside projection. Next week is options expirations so may be volatile...

dcarter8883312
dcarter8883312

rsshah68 said:

dcarter8883312 said:

rsshah68 said:

About to get lower downside projection on the 65 minute chart (42/48 offset) for SPX (around 4000) and QQQ (around 290).

Rsshah68 Thanks πŸ™ I show a Short Term low 2-14 and sideways chop until Feb 27. ~Dorothy

There is room to rally before we can get the next downside projection. Next week is options expirations so may be volatile...

Next week is loaded with economic Data. Tuesday CPI

brian1469
brian1469

dcarter8883312 said:

rsshah68 said:

dcarter8883312 said:

rsshah68 said:

About to get lower downside projection on the 65 minute chart (42/48 offset) for SPX (around 4000) and QQQ (around 290).

Rsshah68 Thanks πŸ™ I show a Short Term low 2-14 and sideways chop until Feb 27. ~Dorothy

There is room to rally before we can get the next downside projection. Next week is options expirations so may be volatile...

Next week is loaded with economic Data. Tuesday CPI

This CPI is a new equation to it also so there is more of an unknown to it. Also today they upped the last two months so I believe that could help with this month

At the same time if the CPI comes in hot I think we will start the wave down Peter has been looking for. But if it come in low because they have a new calculation then we will squeeze again.

Better be ready for both ways

daniel039209
daniel039209

so far, the 2/10 next morning print was THE low , that turning point so far is another LOW

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