SMC Update 4-5-21

04/05/2021


Comments (11)
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Jeff
Jeff

All these crazy moves up are difficult to understand. I was going to ask you to reiterate what you meant by "major top" but after you said 1929 and years to reach again, I remember from prior videos. The lack of value in the market and rapid move up support the projections. Thanks!

spencerdavis2000
spencerdavis2000

Great analysis Peter. I am guessing that the AD line was also making a new high today as well? Can you please show us that sometimes this week. thanks

RichB
RichB

This video is a perfect presentation. Peter hit SPY, QQQ, DIA, GLD and TSLA. Bam.

Hsiang76
Hsiang76

I concur with the comments below: the improved clear style of presentation with target numbers and percentage away from it much easier to follow. Maybe we can also refresh the statistics supporting the projections. Great video Peter, thank you!

chris_chapman255
chris_chapman255

Thanks Peter. I would also like to see the statistics supporting the projections

corralvino956
corralvino956

i would only say that on a yearly chart basis from just a simple perspective an all time super cycle top is extremely dubious , in fact it would infer we are going into a new bull market or even a parabolic melt up , however , Ive been watching Pete and his software since June 26th 2019 , definitely the only thing Ive seen worth a damn in 25 years on a constant basis. 1 satoshi = 1 cent 24 mo..........................FEW understand this FEW

dciwinski973
dciwinski973

Wow, what strange times. FWIW Avi Gilbert of Elliott Waves has been calling for SPX 4300 as only the top of a wave 3. He just publicly posted he sees SPX as high as 6000 in the next year or two. Other analysts I trust are now 100% in cash. We will see.

corralvino956 said: . 1 satoshi = 1 cent 24 mo..........................FEW understand this FEW

Do you mean by this Bitcoin will go down to 1 cent by 2023?

corralvino956
corralvino956

spencerdavis2000 said:

Great analysis Peter. I am guessing that the AD line was also making a new high today as well? Can you please show us that sometimes this week. thanks

i can confirm a/d alh

corralvino956
corralvino956

dciwinski973 said:

Wow, what strange times. FWIW Avi Gilbert of Elliott Waves has been calling for SPX 4300 as only the top of a wave 3. He just publicly posted he sees SPX as high as 6000 in the next year or two. Other analysts I trust are now 100% in cash. We will see.

corralvino956 said: . 1 satoshi = 1 cent 24 mo..........................FEW understand this FEW

Do you mean by this Bitcoin will go down to 1 cent by 2023?

corralvino956
corralvino956

dciwinski973 said:

Wow, what strange times. FWIW Avi Gilbert of Elliott Waves has been calling for SPX 4300 as only the top of a wave 3. He just publicly posted he sees SPX as high as 6000 in the next year or two. Other analysts I trust are now 100% in cash. We will see.

corralvino956 said: . 1 satoshi = 1 cent 24 mo..........................FEW understand this FEW

Do you mean by this Bitcoin will go down to 1 cent by 2023?

no 1 satoshi is the building block of bitcoin right now 1 satoshi = $0.000578

shoover11107
shoover11107

Same question as below with the 'major top', We reached the 96.8/110.6 projection 9 times since 2012 per the statistics, even more going back years. Trying to understand what is different? No higher projections? Thanks for the great work.

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