SMC Update 3-28-22

03/28/2022


Comments (11)
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brian1469
brian1469

Thanks Peter for your help I agree this still feels like a bear market rally from the trajectory and speed. But as you showed still could continue tomorrow

mike.scandiffio720
mike.scandiffio720

Wow. Anther great commentary. Peter, I have learned so much about technical analysis by watching these daily videos. Thanks.

arcon00224
arcon00224

Thanks Peter for showing all of these interesting technical indicators in addition to the projections. Personally I really like all of the technical work you do. I guess some people tell you they don't, based on what you mention in your videos. But me, I like the technical side of all this.

nimishtrading263
nimishtrading263

I've now given up looking for the downside. SP500 to 10000 in 2-3 years....ya better believe it! The years of 2018-20 were hitting the mid-channel line of a much bigger channel. Loop projections all the way! See my chart for the 10000 target :- https://ibb.co/TLknRX5

daniel039209
daniel039209

hard to be this bearish during one of the biggest rallies i have seen in 30 years. maybe today is the day you are supposed to sell longs, my own fault for believing that post the Fed meeting we would fail, each day. maybe today we dont close up 1.8% again

pknizhnik215
pknizhnik215

Thank you Peter for the update. I am following you for the last 2 yrs and you have always had very accurate top calls. However, I feel that we missed another bottom reversal and opportunity to get in on 400 points rally. This is just my opinion.

XXSPOWER127
XXSPOWER127

daniel039209 said:

hard to be this bearish during one of the biggest rallies i have seen in 30 years. maybe today is the day you are supposed to sell longs, my own fault for believing that post the Fed meeting we would fail, each day. maybe today we dont close up 1.8% again

WRONG .. Again

How many times are we gonna hear Peter say we are at an important point in the market every single day and after every single video the next day goes up 1.6 to 2%? It’s really laughable at this point if you look back at my responses every single day I have told everybody on here what I would’ve said is we reach the bottom at the Fed meeting because they were no further lower projections and I would’ve said hey hop on board QQQ train !!! Whooppp

Nope.. not PERMABEAR peter

Do you guys even remember he said we’re at a low based on bull and bear AAII?? OMG !! Unreal ..

XXSPOWER127
XXSPOWER127

blaine.fritsch48 said:

I support the cycle projections software but, quite frankly the additional technical info has not helped, nor has the cheerleading for a lower level, when the cycle projections clearly are showing higher projections. I say this out of respect for Peter and his many years of doing this, but he is letting his bias get the better of him.

I agree!! Why is nobody else on here talking about this? Not only is he the one who created this software with Steffen, but the issue is that he always says respect the projections now we have higher weekly projections yet he does not talk about them why? Why does he not talk about higher daily and weekly projections and the percentage ATR of them? The last time he did he said use common sense and reject them. And as a subscriber it makes you double think your thought process which is irresponsible.!!

XXSPOWER127
XXSPOWER127

brian1469 said:

Thanks Peter for your help I agree this still feels like a bear market rally from the trajectory and speed. But as you showed still could continue tomorrow

FEEL ? Feel .. ok that’s great.. anyone who says FEELS in a market shall not trade in a market.

XXSPOWER127
XXSPOWER127

OH ..
AND PEANUT GALLERY WE CLOSED ABOVE THE 100 DAY ( PETER SO TALKED ABOUT )

WE CLOSED ABOVE THE SPEED LINES

WE CLOSED ABOVE THE 10 DAY ( REMEMBER THAT ONE ? )

WE CLOSED ABOVE THE 200 DAY , WE CLOSED ABOVE THE 21 DAY , WE CLOSED ABOVE THE 8 DAY , WE CLOSED ABOVE THE 50 DAY, WE CLOSED ABOVE THE 13 DAY

BOTTOM BOTTOM TOP NOPE

OH GUESS WHAT !!!! NEW MOON IS COMING ON APRIL 1ST !!! LETS TALK ABOUT THAT

ITS AN IMPORTANT TIME.

MEANWHILE BACK AT THE RANCH .............

XXSPOWER127
XXSPOWER127

HEY EVERYONE

TYPE ON THE PROJECTIONS

$NDX.X

GO TO WEEKLY

5/5.01 UPSIDE 15682

GO TO DAILY 24.2 16133

GO TO DAILY 48.4 PUT YOUR CURSOR WHERE 16133 IS

WILL THERE BE AN UPSIDE?

YUP ...

MARTY ZWEIG 4% RULE

RESEARCH IT

I AM SURE PETER "PERMABEAR" Eliades KNOWS ABOUT IT

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