SMC Update 5-17-23

05/17/2023


Comments (19)
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m1.c70
m1.c70

Thanks Peter. Just to mention today and once before this week the very last minute or so of the video sound goes glitchy and cannot be understood. Does not materially affect your presentation but thought you should know.

thomblas2051
thomblas2051

Nq new yearly high today and a 2% 2 day rally this after Peter called a top earlier this week prior to the move while emphasizing his case. This here was the exact theme for the last 7 months. If you went again his calls 100% of the time you were rewarded 90% of the time. Unbelievable

thomblas2051
thomblas2051

For all those who still think we’re in a bear market be cautious https://www.youtube.com/watch?v=U9Rf9KoHmlo

XXSPOWER127
XXSPOWER127

Let me guess

Brian is still short /NQ

DORTHORTY HAS A TURN DATE

AND

AND

SPEED LINES ARE CRITICAL

brian1469
brian1469

Painfully short the NQ here still from 13480. I do trade micros so I won't be jumping off a building.

The only upper projections we have is the 20 week at 14012. Still wouldn't cancel the 100/110 downside either

Thinking we could get there tomorrow and NVDA can get to 329 for a double top on the weekly.

I have a hard time thinking there can be much more after that will have to wait and see though.

The one good thing of going this fast and high at once is the projections coming down should have much more range on them from the sideways market we have had for the last 5 months

Also would like a close on the weekly below 13586 if we don't keep going up from here

Also I don't think we are in a new bull market as the Dow and Transports are not confirming it

Also was just looking at the NDX and we do have gaps at 13328 and 14798 but i think we will get pullback before that area

QQQ has hit all upside targets with the 96 being hit today. Unlike the NQ it has no upside projections.

Last updated

daniel039209
daniel039209

I’m traveling but see these comments. The market is and has ground higher and now has exploded higher.
I’m sure though there are NO HIGHER projections in NDX( the leader both up and down- as tech has been for 32 years). How many people are outperform on the long side ? I’m not. That’s for sure. Peter was negative from March 2021 all the way to peak( have posted this fact many times ). I didn’t think it would happen again

ericoh792283
ericoh792283

Just so painful watching market going higher and higher. Peter will be right one of those days when we dip 0.1%

daniel039209
daniel039209

ericoh792283 said:

Just so painful watching market going higher and higher. Peter will be right one of those days when we dip 0.1%

The most amazing thing is; he will not turn bullish. $NVDA could double again, all the tech leaders could go another 36%. He will be lucky to see 13200. Forget about the 11000 NDX level when bear was growling”. And 9000 or 7400 NDX prediction. Would need WW 3 and 4 It’s painful and almost insane. If he had actually put a dime into his projections he would have .04 left. Easy to be bearish and have no skin in game. It’s like “ I’m gonna go against the herd,; if right —hero. If wrong -just say “I’m early”

David.R
David.R

thomblas2051 said:

For all those who still think we’re in a bear market be cautious https://www.youtube.com/watch?v=U9Rf9KoHmlo

thomblas2051 said:

For all those who still think we’re in a bear market be cautious https://www.youtube.com/watch?v=U9Rf9KoHmlo

thomblas2051 said:

Nq new yearly high today and a 2% 2 day rally this after Peter called a top earlier this week prior to the move while emphasizing his case. This here was the exact theme for the last 7 months. If you went again his calls 100% of the time you were rewarded 90% of the time. Unbelievable

thomblas2051 said:

For all those who still think we’re in a bear market be cautious https://www.youtube.com/watch?v=U9Rf9KoHmlo

Looks like this video was made by a 15 year old 😂. I think you should sign up for his services instead. Why would you be a member here, if you have a free video that makes you consistently money made by Kay Kim? I think that today and tomorrow will mark the top, and after options expiration Friday will have a correction until mid-end of June. I do agree though that Peter been wrong many times. But he has been right more than he was wrong. Combining his projections with your own technical analysis, you should be able to make the proper calls and make consistent money

Last updated

thomblas2051
thomblas2051

David.R said:

thomblas2051 said:

For all those who still think we’re in a bear market be cautious https://www.youtube.com/watch?v=U9Rf9KoHmlo

thomblas2051 said:

For all those who still think we’re in a bear market be cautious https://www.youtube.com/watch?v=U9Rf9KoHmlo

thomblas2051 said:

Nq new yearly high today and a 2% 2 day rally this after Peter called a top earlier this week prior to the move while emphasizing his case. This here was the exact theme for the last 7 months. If you went again his calls 100% of the time you were rewarded 90% of the time. Unbelievable

thomblas2051 said:

For all those who still think we’re in a bear market be cautious https://www.youtube.com/watch?v=U9Rf9KoHmlo

Looks like this video was made by a 15 year old 😂. I think you should sign up for his services instead. Why would you be a member here, if you have a free video that makes you consistently money made by Kay Kim?

I’m not a member just listen to him on YouTube from time to time, he’s not a kid Asians are just much more emotional. Btw Once Peter called the top in December 5 months ago that was the last straw since then i’m 100% not invested in his calls for now

Last updated

XXSPOWER127
XXSPOWER127

brian1469 said:

Painfully short the NQ here still from 13480. I do trade micros so I won't be jumping off a building.

The only upper projections we have is the 20 week at 14012. Still wouldn't cancel the 100/110 downside either

Thinking we could get there tomorrow and NVDA can get to 329 for a double top on the weekly.

I have a hard time thinking there can be much more after that will have to wait and see though.

The one good thing of going this fast and high at once is the projections coming down should have much more range on them from the sideways market we have had for the last 5 months

Also would like a close on the weekly below 13586 if we don't keep going up from here

Also I don't think we are in a new bull market as the Dow and Transports are not confirming it

Also was just looking at the NDX and we do have gaps at 13328 and 14798 but i think we will get pullback before that area

QQQ has hit all upside targets with the 96 being hit today. Unlike the NQ it has no upside projections.

I dont think you know how to correctly look at the projetions - /NQ = higher on .96 and you can go ALL THE WAY INTO THAT GREEN - you think its just gonna tap it? and then go ouch and fall ?

weekly 20 higher 143777 weekly 39/40 higher ONCE THE WEEK ENDS FOR SURE !

this GUY PETER who runs this show never looks at any CONFIRMED HIGHER PROJECTIONS HURTING HIS SHEEP !!!

GIMME A BREAK WE ARE NOT FALLING 7000 POINTS ON THE /NQ

XXSPOWER127
XXSPOWER127

OMG I just listened to the first 10 Mins.. whomever believes this is seriously sacked. A) his upsides he DID NOT BELIEVE B) he constantly said DO I THINK THE 7/8 will hit?? No.. rememebr he discounted the 24 and 96 using VODOOOO C) the only one I should listen to is XXXS !!

I have been right all along saving you sheep

XXSPOWER127
XXSPOWER127

4221 will be run over by a train

ericoh792283
ericoh792283

Peter is probably sweating….what am I going to say tonight…

ericoh792283
ericoh792283

I really want to know if he still thinks it’s bear market….

XXSPOWER127
XXSPOWER127

LOL 4200/ 13900

How Many Points

Did U Miss Out On !!??!?

Omg 😳

XXSPOWER127
XXSPOWER127

TALK ABOUT SPEED LINES TONIGHT!! You said if they get broken higher we go back to NEW HIGHS !! Say IT PETER SO YOUR SHEEP DONT LOOSE MORE $$$

brian1469
brian1469

XXSPOWER127 said:

brian1469 said:

Painfully short the NQ here still from 13480. I do trade micros so I won't be jumping off a building.

The only upper projections we have is the 20 week at 14012. Still wouldn't cancel the 100/110 downside either

Thinking we could get there tomorrow and NVDA can get to 329 for a double top on the weekly.

I have a hard time thinking there can be much more after that will have to wait and see though.

The one good thing of going this fast and high at once is the projections coming down should have much more range on them from the sideways market we have had for the last 5 months

Also would like a close on the weekly below 13586 if we don't keep going up from here

Also I don't think we are in a new bull market as the Dow and Transports are not confirming it

Also was just looking at the NDX and we do have gaps at 13328 and 14798 but i think we will get pullback before that area

QQQ has hit all upside targets with the 96 being hit today. Unlike the NQ it has no upside projections.

I dont think you know how to correctly look at the projetions - /NQ = higher on .96 and you can go ALL THE WAY INTO THAT GREEN - you think its just gonna tap it? and then go ouch and fall ?

weekly 20 higher 143777 weekly 39/40 higher ONCE THE WEEK ENDS FOR SURE !

this GUY PETER who runs this show never looks at any CONFIRMED HIGHER PROJECTIONS HURTING HIS SHEEP !!!

GIMME A BREAK WE ARE NOT FALLING 7000 POINTS ON THE /NQ

I'm sorry I have been wrong X I have been waiting for a breakout to get short and I was a couple days early. I got short when we hit 24 hot close to the 7/8 at 13480.

You are the only one who should be able to talk on here since you are incredible at trading and I suck.

I'll keep my mouth shut and listen to what you are doing next time

brian1469
brian1469

rdevonfoods4127 said:

June NDX Futures now at 13,940....just unbelievable. This contract was at 12,700 just 5 weeks ago. I don't understand the last 1,200 points???

We did have projections all the way up on the NQ. We still have one at 14012 the 20 weekly

Peter I do have a question because I think I learned something about your system the past couple days. My concern going short when I did on the NQ was it was really hard for us to get decent downside projections when we have been right over the continuum grinding higher slowly for months.

MY question is have you noticed that you need a big move up from the continuum to then give you a shot for much lower projections on the down side. Because now when I look at it if we do reverse from here we have a shot to get the down side projections that we want now that we are further away from the continuum? The thing that would negate this is if you just go sideways into the continuum.

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