SMC Update 5-17-22

05/17/2022


Comments (3)
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henryj1126
henryj1126

The CLOSING projections that were listed in your update from last night , for the S&P, the Dow, and the NASDAQ 100 were all met today (very close on the Dow Jones). Does that mean we should expect some sort of downturn first .....or possibly just a temporary surge up to the new intraday projections you gave today? Thanks for any clarification. Henry

victorsiegel1002
victorsiegel1002

henryj1126 said:

The CLOSING projections that were listed in your update from last night , for the S&P, the Dow, and the NASDAQ 100 were all met today (very close on the Dow Jones). Does that mean we should expect some sort of downturn first .....or possibly just a temporary surge up to the new intraday projections you gave today? Thanks for any clarification. Henry

what looks like a short term ending expanding diag(5 min chart) on spx would suggest a dip tomorrow am to 4026 and then pop to peter's projection by thur am. just a short term elliot wave persepctive.

elchico714622
elchico714622

Can anyone confirm if higher projections got invalidated?… with how futures are looks like they have.

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