SMC Update 5-2-23

05/02/2023


Comments (11)
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brian1469
brian1469

Says sorry the video doesn't exist

dcarter8883312
dcarter8883312

Sorry Video doesn’t Exist I hope a new video is posted includes projections on SPX, ESM. My guess More subscribers trade SPOOS not Bitcoin or SPX Equal Weight. ~ Dorothy

dcarter8883312
dcarter8883312

Sorry Video doesn’t Exist I hope a new video is posted includes projections on SPX, ESM. My guess More subscribers trade SPOOS not Bitcoin or SPX Equal Weight. ~ Dorothy

TC
TC

I am getting the that alo

arcon00224
arcon00224

Yes, error code, Peter will see it on Wednesday if not late Tuesday night

Peter Eliades
Peter Eliades

I am sorry for the early problems with the update today. I use Vimeo to upload my updates and then embed them here on our website. Suddenly today the procedure changed and I had to wait for Steffen to figure out what was wrong. I hope we have it figured out now, Thank you for your patience! PGE

danizh53
danizh53

Wait, what? You had TSLA projections going to the 300 level just a few weeks ago.

m1.c70
m1.c70

Thanks Peter - I must admit I was hoping with USO you would discuss the contradictory projections at different offsets rather than just reiterate the low projection.

daniel039209
daniel039209

What is “waterfall decline” definition? Is it SPX down 74 points only to rally 40 points from low? I don’t know why, but that seems like a huge >50% retraced move. Opposite of waterfall decline.
What was the overall mood at the CMT symposium? Would be interesting to here from some of the other views

brian1469
brian1469

Just looking at the structure of the ES projections it would really help to get a nice down day today to give a real nice projection on the 3/4. The 7/8 and 12/13 are setup for not that far down.

It will probably be hard to do because of a fed spasm day were would should have big range.

I would not be surprised of we just fall after the raise lots of people begging for a stop of raising rates

brian1469
brian1469

daniel039209 said:

What is “waterfall decline” definition? Is it SPX down 74 points only to rally 40 points from low? I don’t know why, but that seems like a huge >50% retraced move. Opposite of waterfall decline.
What was the overall mood at the CMT symposium? Would be interesting to here from some of the other views

Peter is talking about getting the projections set up for when you get one after another like we had last year. Haven't had much of it in the sideways market this year

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