Peter needs to do special update if we go through 4300 today. I remember him saying “if we go to 4300 quickly, I may have to change my mind”

HILARIOUS!!!

What's the perma bear excuse today? VXX or we are at a crucial point? NEW HIGHER PROJECTIONS NOW ON WEEKLY !!! Whoooppp

Check this ;:::=>

U.S. stocks are rallying, but Wall Street seems to be crowded with bears.

Bank of America's sell side indicator, which tracks US sell side strategists' average recommended allocation to stocks, extended its slide in May, down 22 basis points to 52.5%, analysts at Bank of America wrote in a Thursday note.

The indicator has sent a contrarian, bullish signal to the U.S. stock market, according to the note. The sell side indicator has been "a reliable contrary indicator", meaning that it sends a bullish signal when Wall Street strategists are extremely bearish, and vice versa, the analyst noted.

The indicator is now in "Neutral" territory, but only 1.1 percentage point away from triggering a "Buy" signal, according to the note.

Historically, when the indicator was at current levels or lower, the S&P 500's returns over the subsequent 12 months were positive 94% of the time, while the median 12-month return was 21%, according to the note.

I told you guys ; and girls .. Dorothy .. about the DIA !! BA.. see?? Easy 600 boinng ...

It's not hard to look at projections

HIGHER !!

This is what happens when you follow perma bear. You lose your shorts and you lose on all the upside! From 3500 to 4300!

dcpavement242377 said:

Hear me out, get yourselves gassed up. I'm shorting the shit out of 14,658 - 14,676 area on NQ futures. Prob close high of day and I'll have to put it on Sunday night, shalom beeeeatch....

NQ_z 14566 last, so you are a seller up another 100. is that right or do u trade December futures?

ericoh792283 said:

Peter needs to do special update if we go through 4300 today. I remember him saying “if we go to 4300 quickly, I may have to change my mind”

it will take him alot to change mind. weeks over 4300 then it will have to be over 4344, then 4389, then 4400 there will always be a level above that he will "touch", like his amazing UP trendline. I told him , hitting an up trending line for 20 years IS NOT BEARISH. playing for little splashes near the shore, missing the BIG wave. He absolutely did this in 2021. Bearish from March 12 onward. Fact

kwmurphy2939 said:

10/11/2022 to 2/2/2023 was 76 market days. From 3/13/2023 to today is 57. 76/57 is 1.3333, which is very common in a diagonal pattern. This is likely the end of 3 of a diagonal, with 4 and 5 to come. Notice the blowoff days of Feb 1 and 2, 2022 to complete wave 1 of the diagonal. Bottom line, not done yet, but should get a wave 4 down here.

KW- how far are typical Wave 4 pullbacks? roughly thank you

daniel039209 said:

ericoh792283 said:

Peter needs to do special update if we go through 4300 today. I remember him saying “if we go to 4300 quickly, I may have to change my mind”

it will take him alot to change mind. weeks over 4300 then it will have to be over 4344, then 4389, then 4400 there will always be a level above that he will "touch", like his amazing UP trendline. I told him , hitting an up trending line for 20 years IS NOT BEARISH. playing for little splashes near the shore, missing the BIG wave. He absolutely did this in 2021. Bearish from March 12 onward. Fact

It’s sad, he should not be so stubborn and be able to change his mind quickly when his own projections tell him to.

ericoh792283 said:

daniel039209 said:

ericoh792283 said:

Peter needs to do special update if we go through 4300 today. I remember him saying “if we go to 4300 quickly, I may have to change my mind”

it will take him alot to change mind. weeks over 4300 then it will have to be over 4344, then 4389, then 4400 there will always be a level above that he will "touch", like his amazing UP trendline. I told him , hitting an up trending line for 20 years IS NOT BEARISH. playing for little splashes near the shore, missing the BIG wave. He absolutely did this in 2021. Bearish from March 12 onward. Fact

It’s sad, he should not be so stubborn and be able to change his mind quickly when his own projections tell him to.

it is sad. and ridiculous. he may retire, the NDX is up 33-34% this year. if he followed his own advice, he buys invers Rydex nasdaq etfs to express his bearishness typically, he would be down a shit ton of money

S&P 500 and NADAQ 100 hits 52 weeks high!

52 week high for /NQ 53 week high for /ES !

Dead 💀 #bear

All the bears wrecked. Thanks Peter!

Market cycles and Elliot wave whatever are so full of shit

And market goes up on good news and goes down on bad news. They don’t go up and down based on cycles. We all learn it hard way. Also never trust the bear and new bull market.

no special update? im surprised

He’s going to say “4300 is the top! Short it” lol

New weekly HIGHER PROJECTIONS !!!!!!
WHAT A GREAT WEEK

I GAVE YOU GUYS

/NQ /RTY /DIA $BA

4230 THEN 4279 PRECISION BASED ON THE PROJECTIONS

ALSO

SHORT THE VXX

15% IN 1 DAY THEN 12% THE NEXT DAY !!

WOW

I SHOULD START MY OWN SERVICE !!!

HAGW

ericoh792283 said:

He’s going to say “4300 is the top! Short it” lol

ay-yi-yi !! my opin is 2 more + DAYS then we start just to retrace this last 200+ spx point move and 1300-1600 ndx move. all the while, negative bias from SMC. that is just the month of MAY..forget about the months preceding.. my gosh, could have had a rainmaker year, but nope, too hedged, too bearish

XXSPOWER127 said:

New weekly HIGHER PROJECTIONS !!!!!!
WHAT A GREAT WEEK

I GAVE YOU GUYS

/NQ /RTY /DIA $BA

4230 THEN 4279 PRECISION BASED ON THE PROJECTIONS

ALSO

SHORT THE VXX

15% IN 1 DAY THEN 12% THE NEXT DAY !!

WOW

I SHOULD START MY OWN SERVICE !!!

HAGW

its true, you could tone it down, or less CAPITALIZATION but it is true. good call

srblack1960144 said:

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!

OMG ^^^ this guy is a lover of AVI GILBERT !!!!

LMAO !!!!

IF WE GO TO 4300 THEN WE CAN GO TO 4320 IF NOT THEN WE CAN GO TO 4280 IF NOT THEN WE CAN STAY BETWEEN THEM

LMAO

SRBLACK YOU ARE WHY AVi DRIVES A #LAMBO !!! BAAAWWWAHAAAAAAAAAAA

JUST BUY THE NIFTY FIFTY .. I MEAN THE /NQ .. NEW PROJECTIONS AND THE RED 110 WILL BE INVALIDATED ... LOOK AT IT