SMC Update 5-9-24

05/09/2024


Comments (5)
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daniel039209
daniel039209

peter, are you going to turn BULLISH then .with SPX (as of noon est and the Wilshire are ABOVE the mid point for the continuum) pointing to another possible 200 point gain?? That is how you left it, we would have to have a severe drop over 44 SPX points to nullify your continuum. And thank you for saying " have to be honest NDX has higher projections" I think someone in this room has been saying that for days/weeks/possibly few months about higher NDX future projections that frankly you didnt want to address or believe it possible. It would be hard to turn bulliish after this advance but maybe 70% advance is only a piece of the move. Recall how bearish the forecasts were in Dec 2022? and Nov 2023?

betty.bains994877
betty.bains994877

daniel039209 said:

peter, are you going to turn BULLISH then .with SPX (as of noon est and the Wilshire are ABOVE the mid point for the continuum) pointing to another possible 200 point gain?? That is how you left it, we would have to have a severe drop over 44 SPX points to nullify your continuum. And thank you for saying " have to be honest NDX has higher projections" I think someone in this room has been saying that for days/weeks/possibly few months about higher NDX future projections that frankly you didnt want to address or believe it possible. It would be hard to turn bulliish after this advance but maybe 70% advance is only a piece of the move. Recall how bearish the forecasts were in Dec 2022? and Nov 2023?

very good. do you have a channel which i could follow? thanks

XXSPOWER127
XXSPOWER127

The question is

why DOES Peter who made the software want to SWAY you to be BEARISH like him? why does he keep saying NO HIGHER PROJECTIONS but he cannot see the possibility of upsides if the recent downsides then turn to .... UPSIDES ????? I mean I cannot believe someone that has been in the market this long does not look at a) pressie cycles, $nymo, $spxa200r, does not care about the fed or cpi and says it does not matter and does not move markets IT SURE DOES! WATCH small caps each time POPPA POWELL says we are done with rate cuts.. BOOM TO the upside...

Look at the projections

He is not telling you the ENTIRE STORY

A) Futures all have higher prices

/NQ /ES /YM /RTY /EMD

GUESS WHAT THE /NQ 24 HAS RIGHT NOW AS A PRELIMINARY

19358 AND THAT IS THE " MINIMUM "

there are 7-8 12-1 and now 24 but he is BEARISH?

WHY cant he go over them and show the PROBABILITY OF SUCCESS OF HITTING THOSE UPSIDE HIGHER PROJECTIONS AND THEN... look for a reversal ASK

when he says " I DONT THINK THAT WILL HAPPEN "

do you know how many times he has said that and IT WAS A SUPER FADE?

I AM TALKING 100% EVERY SINGLE TIME.

ANOTHER THING I JUST NOTICED GO TO HERE: Eliades' Cycle Price Projections Web App CHECK OUT THE VXX !!! I HAVE NEVER EVER EVER SEEN EVERY SINGLE OFFSET AND DIRECTION RED, WITH ALL DOWNSIDE Have you? you think they are ALL WRONG ALL OF A SUDDEN ?

THEY ARE A MIRROR IMAGE OF THE /NQ AND /ES UPSIDE in reverse = what does that tell you?

why Does he keep saying all projections MET when its clear there are higher seen at

Eliades' Cycle Price Projections Web App

?

strange its like that guy who says I WONT EVER CHANGE.. CHANGE IS NO GOOD

GOVERN YOURSELF ACCORDINGLY

oh yeah NVDA HAS PROJECTIONS ON THE 7-8 AND 12-1 UP OVER $1000

I SAY NEXT WEEK IT HITS IT!

YUGE

XXSPOWER127
XXSPOWER127

PETER TALK ABOUT THIS ::::::

/NQ WEEKLY HIGHER 2.5 WEEK 18614.00

IF WE HIT THAT, WE GET HIGHER 10 WEEK OFFSET

AND WE HAVE A HIGHER 100 WEEK 19372 WHICH MATCHES WITH THE PRELIMINARY 24 DAILY

HMMMMMMMMMMM ?????????????

/ES
WEEKLY HIGHER 2.5 WEEK 5291.00

AND WE HAVE A HIGHER 100 WEEK 5500 !! WHICH MATCHES WITH THE PRELIMINARY 24 DAILY 5524 !!!

HMMMMMMMMMMMMM ????????

SO, THE LOGICAL NEW TARGETS ARE /ES 5524 /NQ 19375

THAT'S ON THE LOW SIDE

@RTY I mean you can go on and on 24 WEEK 2256 WEEKLY 2350 +

@EMD 3182

WHAT ARE ALL THESE HIGHER PROJECTIONS TO FAIL? WHY DO YOU SAY ALL HIGHER HAVE BEEN MET?

daniel039209
daniel039209

XXSPOWER127 said:

PETER TALK ABOUT THIS ::::::

/NQ WEEKLY HIGHER 2.5 WEEK 18614.00

IF WE HIT THAT, WE GET HIGHER 10 WEEK OFFSET

AND WE HAVE A HIGHER 100 WEEK 19372 WHICH MATCHES WITH THE PRELIMINARY 24 DAILY

HMMMMMMMMMMM ?????????????

/ES
WEEKLY HIGHER 2.5 WEEK 5291.00

AND WE HAVE A HIGHER 100 WEEK 5500 !! WHICH MATCHES WITH THE PRELIMINARY 24 DAILY 5524 !!!

HMMMMMMMMMMMMM ????????

SO, THE LOGICAL NEW TARGETS ARE /ES 5524 /NQ 19375

THAT'S ON THE LOW SIDE

@RTY I mean you can go on and on 24 WEEK 2256 WEEKLY 2350 +

@EMD 3182

WHAT ARE ALL THESE HIGHER PROJECTIONS TO FAIL? WHY DO YOU SAY ALL HIGHER HAVE BEEN MET?

Bearish bias to an extent rarely seen. Where we were trading mid day Friday, his projections will have to be UP UP UP by Monday update.

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