SMC Update 5-20-25

Tue, 05/20/2025 Tuesday, 05/20/2025 5:48 PM PDT


Comments (8)
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jjay636
jjay636

Peter, you are again deviating from your own philosophy on projections - please take a look at your own websites projection app - every single item there has at least 4 or 5 upside projections - ES, NQ, SPY, QQQ, SOX, APPL,NVDA, MSFT to name a few and you pick just one to look at today - TLT - the only one that has a small downside projection - come on, dont you feel that it is getting a bit silly when you have 30-40 upside projections in various equity indices and individual stocks - not sure how you can justify some woodoo 1.618 fib time extensions against your won price projections - come on let's get real

m1.c70
m1.c70

I feel a loop projection higher in the making.

wolf.council5413
wolf.council5413

He has explained why he is deviating. I appreciate that he can think for himself. Psychology of the market currently is ripe for a big fall. I agree that the top was in in Dec - Feb. Hive mind has all been swept up in a return to normal and new all time highs or a blowoff top. I think this is the big crash for which I have been waiting. Peter sees it as well. Peter is providing a glimpse into spiral calendar and grand market cycles.

wolf.council5413
wolf.council5413

He has explained why he is deviating. I appreciate that he can think for himself. Psychology of the market currently is ripe for a big fall. I agree that the top was in in Dec - Feb. Hive mind has all been swept up in a return to normal and new all time highs or a blowoff top. I think this is the big crash for which I have been waiting. Peter sees it as well. Peter is providing a glimpse into spiral calendar and grand market cycles.

jjay636
jjay636

wolf.council5413 said:

He has explained why he is deviating. I appreciate that he can think for himself. Psychology of the market currently is ripe for a big fall. I agree that the top was in in Dec - Feb. Hive mind has all been swept up in a return to normal and new all time highs or a blowoff top. I think this is the big crash for which I have been waiting. Peter sees it as well. Peter is providing a glimpse into spiral calendar and grand market cycles.

if there were two, three projections pointing higher one could potentially rationalize and try to explain it away - but there are at least thirty projections and on many different timelines now and in many different tickers pointing to much, much higher levels - if one can try to explain that away with some random fib analysis that probably means that this projection system does not work and is completely useless...

wolf.council5413
wolf.council5413

Jay, You raise a good point. I have not used tge app and am a free trial user that appreciates the commentary and cycle analysis

wolf.council5413
wolf.council5413

You said 30 different charts…keep in mind that all has been influenced by the same mechanics of money flow. Japan is the major financing arm of the entire western banking system. Its low rates have fueled this market. The yen carry trade ia tied to the U.S. basis trade. Their is hige credit risk as trust between institutions has eroded….liquidity has been impaired. The risk now lies with the primary dealers failing as they hold toxic collateral that has been hypothecated and rehypothecated many times over.

jshemanski49196
jshemanski49196

5/21 update soon?

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