SMC Update 6-14-23

Wed, 06/14/2023 Wednesday, 06/14/2023 6:13 PM PDT


Comments (15)
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josephk4072
josephk4072

May I ask how you think about balancing confirmed projections from multiple timeframes, and the interplay between them? Can you share anything that sheds light on the path to price?

ericoh792283
ericoh792283

Lol. Starts with that is not going to happen folks, and ends with bear case is at the end of the rope. Environment is, debt free high margin producing large caps are doing well at high interest rate environment, without any chance of going belly up, while small caps companies struggling to pay so much more at high interest rate for loans, hoping to survive this period. Of course this will cause divergences between large cap and small cap. Using equal weighted S&P and Russell 2000 to nullify bull case is really outrageous. Overall NDX and SPX will be carried by generals and therefore should be supported. Your large downside target of NDX at 7000 was really ridiculous. Your bear bias has really blinded you so much that many of your followers were wiped out as bears. Hopefully those downside targets invalidated soon as tomorrow, so you can finally realize that this is indeed bull market. Market breadth is improving slowly, but surely.

XXSPOWER127
XXSPOWER127

/NQ look at the last 6 month chart. 6 Thousand Points

wow

/ES

LOOK at the last 6 Month chart

800 rippy rippy points

Wow

Now.. you talk about intraday .. globex .. 45 min projections??

HILARIOUS 😆

daniel039209
daniel039209

I have asked repeatedly, is it possible for you to share your actual "cycle projections"? where are we on short and longer term cycles. As in the sine waves, not a 45 min projection chart. The long and short cycles. That might be really helpful to people to understand where you are coming from. Thank you

daniel039209
daniel039209

one more item, on your chart of weekly NDX, the bar is ABOVE the upper red line. therefore invalidating the big downside youve been projecting since oh, lets just say November 2022. BUT on the continuum chart, it is impossible to see the upper boundary value as you squiggle your mouse around. Is there a weekly value that IF above, you will then generate higher projections? looking for the weekly value, to summarize. thanks

daniel039209
daniel039209

XXSPOWER127 said:

/NQ look at the last 6 month chart. 6 Thousand Points

wow

/ES

LOOK at the last 6 Month chart

800 rippy rippy points

Wow

Now.. you talk about intraday .. globex .. 45 min projections??

HILARIOUS 😆

okay okay, we have all established that he missed the mark. by a whopping, almost insane amount. lets move forward. also, he stopped talking about the VIX which i take as a plus

ericoh792283
ericoh792283

What sell off ? Lol

ericoh792283
ericoh792283

Bears crapping on their pants again. Lol

ericoh792283
ericoh792283

So it seems like NDX 7000 becomes invalidated most likely today, or was invalidated yesterday. Peter sticking to his guns still?

ericoh792283
ericoh792283

Lol NQ and NDX 52 weeks high again. Where’s that fastlane guy who sees top everyday. Lol

ericoh792283
ericoh792283

I bet Peter will turn bull when NDX hits ATH in the next few weeks to months

Last updated

ericoh792283
ericoh792283

Bull market rotation. Everything is going up up up! What do you say Peter? SPECIAL UPDATE??

escheuerman791
escheuerman791

thank you Peter.

escheuerman791
escheuerman791

thank you Peter.

josephk4072
josephk4072

@ericoh792283. Do you have literally anything better to do than attack Peter? Someone YOU are paying to provide information? Funny enough, you're about to be proven wrong like you wouldn't believe, imminently.

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