SMC Update 3-20-24

03/20/2024


Comments (8)
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daniel039209
daniel039209

This is from a very popular Twitter guy JC Parets “It’s ok to be wrong. But staying wrong and being relentless about staying wrong for an entire cycle is stupid. And not only is it stupid, but it’s expensive as hell too. That’s no way to go through life” Being out of markets for the fear of decline AND shorting every advance waiting for decline has cost me 10x the money I would maybe lose if I sold the market AS IT ACTUALLY STARTED TO GO DOWN. I haven’t watched this video
I’m at a loss for words for all the downside projections and “market topping “ for 16 months calls/predictions/VIX/ ratios. Maybe Peter is apologizing ? Turning bullish ?

twistedriver
twistedriver

If trading based on comments from the Fed chair is “absolutely useless,” then what do you call trading based on a service that has been CONSISTENTLY on the wrong side of the market, trying and failing to pick tops for years? That’s worse than useless; it’s flat-out harmful.

XXSPOWER127
XXSPOWER127

I have not watched the video yet

BUT here are projections ALL GREEN TO THE UPSIDE SHORT AND LONGER TERM

He never talks about weekly so ILL show it here

100/110 20000 on THE NQ

AND LOTS OF U HAVE SEEN THE MONTHLY HOPE IT SAVED YOU $$$$ !!!!

@NQ Daily 3.5 / 4 Up Conf. 03/20/24 $ 18,571.18 $ 18,641.15 @NQ Weekly 100 / 110 Up Conf. 12/15/23 $ 18,984.86 $ 20,726.50 @NQ Daily 7 / 8 Up Prel. 03/20/24 $ 18,616.46 $ 18,616.46 @NQ Daily 12.1 / 13.8 Up Prel. 03/19/24 $ 18,335.05 $ 18,335.05 @ES Weekly 100 / 110 Up Conf. 12/21/23 $ 5,418.50 $ 5,846.00 QQQ Daily 3.5 / 4 Up Conf. 03/20/24 $ 445.20 $ 446.64 QQQ Daily 7 / 8 Up Prel. 03/20/24 $ 445.93 $ 445.93

XXSPOWER127
XXSPOWER127

S&P 500 is up 107 points for the week so far ...

BUELLER ? BUELLER?

How much are the Q'S UP ?

WHERE IS BRIAN ? is he FEELING SOMETHING ?

daniel039209
daniel039209

interesting video; even though "market top " has been called for months on end ( along with fresh downside projections on AAPL around 170 and on TSLA(3 days ago) at 163)- with every video ending with a negative ratio slant or "down 800 points could happen!!"-- we were supposed to BUY THE SPX projection of up 40points yesterday? we only moved AFTER the Fed looks like on chart. That "reenforces confidence" in your observations? Please explain that; encapsuling all of your projections not just the "one at 19:33 on Tues video". All the while, another member on here gives the higher projections( for months now). Today, you said the close has to be under 70 to NOT GIVE higher projections. I just woke up and we are up 160. Maybe a special update to add some more color would be great

twistedriver
twistedriver

From the perspective of a subscriber, there is no practical difference between following the advice of someone with good intentions but who is always wrong, and the advice of someone with bad intentions who is actively trying to make his subscribers lose money.

thebigbluecheese
thebigbluecheese

XXSPOWER127 said:

I have not watched the video yet

BUT here are projections ALL GREEN TO THE UPSIDE SHORT AND LONGER TERM

He never talks about weekly so ILL show it here

100/110 20000 on THE NQ

AND LOTS OF U HAVE SEEN THE MONTHLY HOPE IT SAVED YOU $$$$ !!!!

@NQ Daily 3.5 / 4 Up Conf. 03/20/24 $ 18,571.18 $ 18,641.15 @NQ Weekly 100 / 110 Up Conf. 12/15/23 $ 18,984.86 $ 20,726.50 @NQ Daily 7 / 8 Up Prel. 03/20/24 $ 18,616.46 $ 18,616.46 @NQ Daily 12.1 / 13.8 Up Prel. 03/19/24 $ 18,335.05 $ 18,335.05 @ES Weekly 100 / 110 Up Conf. 12/21/23 $ 5,418.50 $ 5,846.00 QQQ Daily 3.5 / 4 Up Conf. 03/20/24 $ 445.20 $ 446.64 QQQ Daily 7 / 8 Up Prel. 03/20/24 $ 445.93 $ 445.93

XXSPOWER127 said:

I have not watched the video yet

BUT here are projections ALL GREEN TO THE UPSIDE SHORT AND LONGER TERM

He never talks about weekly so ILL show it here

100/110 20000 on THE NQ

AND LOTS OF U HAVE SEEN THE MONTHLY HOPE IT SAVED YOU $$$$ !!!!

@NQ Daily 3.5 / 4 Up Conf. 03/20/24 $ 18,571.18 $ 18,641.15 @NQ Weekly 100 / 110 Up Conf. 12/15/23 $ 18,984.86 $ 20,726.50 @NQ Daily 7 / 8 Up Prel. 03/20/24 $ 18,616.46 $ 18,616.46 @NQ Daily 12.1 / 13.8 Up Prel. 03/19/24 $ 18,335.05 $ 18,335.05 @ES Weekly 100 / 110 Up Conf. 12/21/23 $ 5,418.50 $ 5,846.00 QQQ Daily 3.5 / 4 Up Conf. 03/20/24 $ 445.20 $ 446.64 QQQ Daily 7 / 8 Up Prel. 03/20/24 $ 445.93 $ 445.93

daniel039209 said:

This is from a very popular Twitter guy JC Parets “It’s ok to be wrong. But staying wrong and being relentless about staying wrong for an entire cycle is stupid. And not only is it stupid, but it’s expensive as hell too. That’s no way to go through life” Being out of markets for the fear of decline AND shorting every advance waiting for decline has cost me 10x the money I would maybe lose if I sold the market AS IT ACTUALLY STARTED TO GO DOWN. I haven’t watched this video
I’m at a loss for words for all the downside projections and “market topping “ for 16 months calls/predictions/VIX/ ratios. Maybe Peter is apologizing ? Turning bullish ?

XXSPOWER127 said:

I have not watched the video yet

BUT here are projections ALL GREEN TO THE UPSIDE SHORT AND LONGER TERM

He never talks about weekly so ILL show it here

100/110 20000 on THE NQ

AND LOTS OF U HAVE SEEN THE MONTHLY HOPE IT SAVED YOU $$$$ !!!!

@NQ Daily 3.5 / 4 Up Conf. 03/20/24 $ 18,571.18 $ 18,641.15 @NQ Weekly 100 / 110 Up Conf. 12/15/23 $ 18,984.86 $ 20,726.50 @NQ Daily 7 / 8 Up Prel. 03/20/24 $ 18,616.46 $ 18,616.46 @NQ Daily 12.1 / 13.8 Up Prel. 03/19/24 $ 18,335.05 $ 18,335.05 @ES Weekly 100 / 110 Up Conf. 12/21/23 $ 5,418.50 $ 5,846.00 QQQ Daily 3.5 / 4 Up Conf. 03/20/24 $ 445.20 $ 446.64 QQQ Daily 7 / 8 Up Prel. 03/20/24 $ 445.93 $ 445.93

Thanks for keeping it real.
I gave up on the vids ages ago but still check in periodically. The software is great - can't understand the constant focus on other things @ the expense of thorough discussion of the software signals across timeframes.
Its pretty interesting that even the longest spx & nq projections are now having their upside targets met. Even more importantly, for those longer timeframe cycles to generate downside projections, you will need to see some pretty significant, if not massive, downward moves to break through their continuums to the downside. Its probably more likely that some of the shorter term (daily's - they have the least distance to travel down ) will lapse into an initial series of small downside projections, resulting in a return to 'loop mode' and then probably shorter term upsides projections (rinse repeat) until the gap from price to continuum on the longer offsets narrows allowing a more significant correction or just another consolidation period before advancing again.
All speculation of course but ....that would be a far more interesting conversation . meanwhile I the software seems to say all that is necessary.....

XXSPOWER127
XXSPOWER127

GAVE @RTY @EMD $URTY BACK in November

REMEMBER? SOMEONE on here said I DONT KNOW MARKET HISTORY?

WELL WHEN the fed is talking about LOWERING RATES WHO LIKES IT?

THATS RIGHT SMALL CRAPPERS

MARKET HISTORY

TEACH an old dog new tricks is the saying ...

$IWM

WHOOP

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