SMC Update 5-1-25

Thu, 05/01/2025 Thursday, 05/01/2025 5:18 PM PDT


Comments (9)
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adwhartonmd232
adwhartonmd232

Peter Have you seen the rally after hours S&P up 50 points

daniel039209
daniel039209

adwhartonmd232 said:

Peter Have you seen the rally after hours S&P up 50 points

But the top was called , exactly. I’m not quite convinced that the market NEVER doesn’t make a higher high. Unless America and the world cease to grow and innovate. Never mind that “THEE top was called from Nov 2022 thru Nov 2023 and most of 2024”. So yeah, the top at 6100 was called but at what cost ? Peter Lynch has the quote

rafe.thrasher5229
rafe.thrasher5229

Hi Peter, On the weekly chart, a potential massive three mountain top or head and shoulders pattern may be realized. In July of 24, the spx reached a high of 5679. Today, we essentially matched that number. The downside target for the head and shoulders is 4100 or so. Through esoteric / occult messaging and astrology, I predicted the top and fall we witnessed. If you care to read what I wrote, here is a substack link.

https://open.substack.com/pub/throughthealembic/p/unraveling-the-tapestry-everything?utm_source=app-post-stats-page&r=brzbv&utm_medium=ios

Rafe

rafe.thrasher5229
rafe.thrasher5229

In relation to the equities market tho, on the daily chart, it appears that we are looking at a western island reversal pattern. Fascinating, as it is appearing as a doji that is sitting on the major downtrend line.

You could also call the daily candle today a abandoned baby top. So, green hammer yesterday, gap up and shooting star today. I think tomorrow may be a gap down day. We shall see.

There are several other things that I would like to note. First junk bonds sold off today and yesterday while equities rose. That is notable as I haven’t seen junk bonds and equities diverge once over the last several months. They did today and yesterday. On my sub stack, I highlighted how the market was marching to the lunar cycle. I also showed how the Venus Synodal Cycle lined up with the last stage of this bubble. I say that to make note of how the latest market directional moves fit tightly within the lunar cycle now just as they have since at least October of last year or so. The new moon was a few days ago. So I expect to see the direction for this half of the lunar cycle to be shown soon. Additionally, did you catch how on truth social Trump Separated himself from the stock market? He called the stock market, “Biden’s stock market”. In relation to that statement made by Trump. I would think that a stock market crash sooner rather than later would suit him. Also, consider that a shit load of debt needs to be right refinanced at lower rates, necessarily rather than preferably, so how do we get lower rates, a stock market crash in the near term?

XXSPOWER127
XXSPOWER127

What is the big deal it's only 100 points .. he will be bearish next week too So will this Three TRIPLE MOUNTAIN TOP from Mars planet asteroid ☄️ weeeeeee...

XXSPOWER127
XXSPOWER127

rafe.thrasher5229 said:

In relation to the equities market tho, on the daily chart, it appears that we are looking at a western island reversal pattern. Fascinating, as it is appearing as a doji that is sitting on the major downtrend line.

You could also call the daily candle today a abandoned baby top. So, green hammer yesterday, gap up and shooting star today. I think tomorrow may be a gap down day. We shall see.

There are several other things that I would like to note. First junk bonds sold off today and yesterday while equities rose. That is notable as I haven’t seen junk bonds and equities diverge once over the last several months. They did today and yesterday. On my sub stack, I highlighted how the market was marching to the lunar cycle. I also showed how the Venus Synodal Cycle lined up with the last stage of this bubble. I say that to make note of how the latest market directional moves fit tightly within the lunar cycle now just as they have since at least October of last year or so. The new moon was a few days ago. So I expect to see the direction for this half of the lunar cycle to be shown soon. Additionally, did you catch how on truth social Trump Separated himself from the stock market? He called the stock market, “Biden’s stock market”. In relation to that statement made by Trump. I would think that a stock market crash sooner rather than later would suit him. Also, consider that a shit load of debt needs to be right refinanced at lower rates, necessarily rather than preferably, so how do we get lower rates, a stock market crash in the near term?

Ummmm tomorrow the market is closed... so no gaps down. Maybe triple mountain 🏔️ will align with the moon and sun and the ocean and stars and also bottom bottom top and 66 days between Wednesday and Sunday from 1976??

rafe.thrasher5229
rafe.thrasher5229

XXSPOWER127 said:

What is the big deal it's only 100 points .. he will be bearish next week too So will this Three TRIPLE MOUNTAIN TOP from Mars planet asteroid ☄️ weeeeeee...

Three Mountain Tops is a Japanese candlestick trading term. Evidently, you are not aware than candlestick trading originated in Japan.

XXSPOWER127
XXSPOWER127

rafe.thrasher5229 said:

XXSPOWER127 said:

What is the big deal it's only 100 points .. he will be bearish next week too So will this Three TRIPLE MOUNTAIN TOP from Mars planet asteroid ☄️ weeeeeee...

Three Mountain Tops is a Japanese candlestick trading term. Evidently, you are not aware than candlestick trading originated in Japan.

Head and Shoulder and Doji and Mystic formations are not foolproof Sun shadows and Eclipse and 67 trading days and SPEED lines and yawn ....... PRICE ACTION IS WHAT MATTERS also, the projections and the hit rate NOT TIDAL PATTERNS AND VIRGO IN SCORPIO MOON dating Gemini

XXSPOWER127
XXSPOWER127

rafe.thrasher5229 said:

In relation to the equities market tho, on the daily chart, it appears that we are looking at a western island reversal pattern. Fascinating, as it is appearing as a doji that is sitting on the major downtrend line.

You could also call the daily candle today a abandoned baby top. So, green hammer yesterday, gap up and shooting star today. I think tomorrow may be a gap down day. We shall see.

There are several other things that I would like to note. First junk bonds sold off today and yesterday while equities rose. That is notable as I haven’t seen junk bonds and equities diverge once over the last several months. They did today and yesterday. On my sub stack, I highlighted how the market was marching to the lunar cycle. I also showed how the Venus Synodal Cycle lined up with the last stage of this bubble. I say that to make note of how the latest market directional moves fit tightly within the lunar cycle now just as they have since at least October of last year or so. The new moon was a few days ago. So I expect to see the direction for this half of the lunar cycle to be shown soon. Additionally, did you catch how on truth social Trump Separated himself from the stock market? He called the stock market, “Biden’s stock market”. In relation to that statement made by Trump. I would think that a stock market crash sooner rather than later would suit him. Also, consider that a shit load of debt needs to be right refinanced at lower rates, necessarily rather than preferably, so how do we get lower rates, a stock market crash in the near term?

LOL @EVERYONE see the new projections?

NOT MANY RED ONES

LOW IS IN FOLKS. RIDE THE GREEN HULK WAVE RIDE THE GREEN PROJECTIONS

OH I HOPE PETER SAYS " I DONT THINK IT WILL DO THAT " as that is like the best of REVERSE CRAMER

IYKYK

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