SMC Update 6-1-23

06/01/2023


Comments (42)
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daniel039209
daniel039209

Thank you.

ericoh792283
ericoh792283

Your famous 4243.25 has been breached!

ericoh792283
ericoh792283

What will make you finally give up your bearish narrative that kept many of your subscribers sidelined and shorted all the way from October low. It’s really disgraceful that you keep insisting that this is bear market. You don’t even acknowledge that you may be wrong. Something more to it here, maybe it comes with age.

XXSPOWER127
XXSPOWER127

ARE YOU NOT LOOKING AT ANY OF THE PROJECTIONS STILL ?

A) /ES 4279 FIRST B) /ES WEEKLY GO TO WEEKLY 20.21 CONFIRMED !!! 4301 !!!
C) /ES 39.40 WILL THEN CONFIRM D) /ES THEN YOUR DOWNSIDES WILL BE INVALIDATED E) VXX HAS LOWER PROJECTIONS WHY DO YOU NEVER LOOK AT THEM F) SVXY HAS HIGHER G) 10 YR LOWER H) DIA HIGHER I) /NQ 100 JUST ABOUT TO INVALIDATE - YOU THINK WE ARE GONNA DROP 8000 POINTS? HAHAHAHAAA J) GO TO 30MIN CHART JUST TODAY ON /NQ ON WEEKLY 110 LOOKS LIKE 16000 EASY

COME ON

FOR MONTHS THE SAME TUNE ... OVER AND OVER

FRIDAY IS RAMP DAY GET WITH IT

DEAD

BEAR

XXSPOWER127
XXSPOWER127

kwmurphy2939 said:

Thanks Peter, nice work on the cycles. You might be prepared to pull your hair out for another few weeks as we should have another month to go. We may get a sharp selloff after the Senate signing of the debt ceiling, but that could also mark a low point come late today or Monday, to set the stage for the final move up. There is also a 80/81 calendar day cycle coming yesterday / today from the 9/30/22 low.

SENATE SIGNED IT ! WHAT???????

XXSPOWER127
XXSPOWER127

CHECK this out that I just found

GO TO 48.4

THEN CLICK WEEKLY

THEN ARROW TO 157.3/179.4 CONFIRMED ....... 4298

91.04 CONFIRMED 4269 -4279 -4288 PROB TODAY 42.55 CONFIRMED 4262 TODAY OF COURSE

WEEKLY 4312 +++

/NQ HIGHER OF COURSE

/VXX LOWER LOOK AT THE PROJECTIONS !!!

GREEN

costello.mb233
costello.mb233

Peter, the downturn must be close as the knives are out after you. Ignore them. This break will be massive!

ericoh792283
ericoh792283

Bunch of bears following bears. Lol

ericoh792283
ericoh792283

Vix at lowest level…15.12

daniel039209
daniel039209

XXSPOWER127 said:

CHECK this out that I just found

GO TO 48.4

THEN CLICK WEEKLY

THEN ARROW TO 157.3/179.4 CONFIRMED ....... 4298

91.04 CONFIRMED 4269 -4279 -4288 PROB TODAY 42.55 CONFIRMED 4262 TODAY OF COURSE

WEEKLY 4312 +++

/NQ HIGHER OF COURSE

/VXX LOWER LOOK AT THE PROJECTIONS !!!

GREEN

maybe 4269 probably doesnt get there. you are at the 186-187-188 day cycle, next week market will give back 1/2 of this 410 to 427.69 move in SPY.. im going with Peter ! high of day 4280 is in

Last updated

ericoh792283
ericoh792283

I wonder what Peter would say….hmmmm.

ericoh792283
ericoh792283

Vix below 15!!!

XXSPOWER127
XXSPOWER127

daniel039209 said:

XXSPOWER127 said:

CHECK this out that I just found

GO TO 48.4

THEN CLICK WEEKLY

THEN ARROW TO 157.3/179.4 CONFIRMED ....... 4298

91.04 CONFIRMED 4269 -4279 -4288 PROB TODAY 42.55 CONFIRMED 4262 TODAY OF COURSE

WEEKLY 4312 +++

/NQ HIGHER OF COURSE

/VXX LOWER LOOK AT THE PROJECTIONS !!!

GREEN

maybe 4269 probably doesnt get there. you are at the 186-187-188 day cycle, next week market will give back 1/2 of this 410 to 424.4 move in SPY.. im going with Peter !

StevenTexas said:

ericoh792283 said:

Your famous 4243.25 has been breached!

Stock Charts yesterday's cash was 4232.43 for the high (intra-day). Close call right? What happens now that Janet needs to sell trillions in Treasuries?

its>daniel039209 said:

Thank you. ITS THERE IT ALWAYS GETS THERE U SEE HIGHER NOW??

Keep losing your family's inheritance

ericoh792283
ericoh792283

Peter and his bear followers getting wrecked. Including me!

XXSPOWER127
XXSPOWER127

I told all you 🐑 what was up 🆙 weeks ago and you did not listen now you still want to be bear and buy VXX. Yawn

XXSPOWER127
XXSPOWER127

VIX DEAD 💀

ericoh792283
ericoh792283

Big bears capitulating!

XXSPOWER127
XXSPOWER127

It's not a 🐻

QQQ up +7.9% in May vs. +0.5% for SPY and -3.4% for DIA.

Year-to-date, QQQ is up +33.4%

NOT BEAR 🐻

srblack1960144
srblack1960144

Quite the blow-off today. One by one all of the projections are being hit. The 65-minute chart (21/24 offsets) just needs one more point to get to 4281 and also be hit...all I see after that is 4293 on ES, 45-minute chart. On Monday the Treasury starts issuing massive debt, that will dry up liquidity and give us a top ("the" top?). I subscribe to the guy I think is the best Elliott wave guy out there (no it's not Prechter or his team) and he's warning all waves are now in place for the top of this bear market rally. It could stretch higher into next week, but it also could now peak at any moment. I've just started initiating short positions at 4280. I've had a great year in all of my accounts up to today, in large part due to Peter's software. Thanks Peter!

Last updated

ericoh792283
ericoh792283

Silly bears always looking for the top. Probably gets wrecked

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