SMC Update 6-15-23

06/15/2023


Comments (35)
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daniel039209
daniel039209

fast3777 said:

Bitcoin hits the top trendline of the LDT.....

fast3777 said:

Bitcoin hits the top trendline of the LDT.....

Let me help you out Fast guy; Bitcoin is about to get to 28-29000. There will be more and more talk of a Fed coin- it will BOLSTER bitcoin. not good for dodgecoin. im long bito and mstr. hold on to your fedora

fast3777
fast3777

Bitcoin overshot it's TL. SPX in a 3rd wave down?

fast3777
fast3777

daniel039209 said:

fast3777 said:

The beauty of many years of market experience,a toast to all the old farts who see clearly. The wet behind the ears youngsters will learn the lessons that we had to learn. When everybody want's stock gladly sell it to them.

your philosophy is not incorrect but your short market, SPX DIA JAPAN(34 year high) have been well, politely, very early. Shorting new highs, you probably dont have enough money to stay solvent for the turn..Noone does. Good luck getting back to fill some of the gaps below. 5% down in SPY is a good gap fill area. that was june 1. We will have tiny downside incursions through next month. Maybe October you get a good sell off. best of luck

daniel039209 said:

fast3777 said:

The beauty of many years of market experience,a toast to all the old farts who see clearly. The wet behind the ears youngsters will learn the lessons that we had to learn. When everybody want's stock gladly sell it to them.

your philosophy is not incorrect but your short market, SPX DIA JAPAN(34 year high) have been well, politely, very early. Shorting new highs, you probably dont have enough money to stay solvent for the turn..Noone does. Good luck getting back to fill some of the gaps below. 5% down in SPY is a good gap fill area. that was june 1. We will have tiny downside incursions through next month. Maybe October you get a good sell off. best of luck

You sure don't have any manners. Let's hope that changes.

daniel039209
daniel039209

fast3777 said:

daniel039209 said:

fast3777 said:

The beauty of many years of market experience,a toast to all the old farts who see clearly. The wet behind the ears youngsters will learn the lessons that we had to learn. When everybody want's stock gladly sell it to them.

your philosophy is not incorrect but your short market, SPX DIA JAPAN(34 year high) have been well, politely, very early. Shorting new highs, you probably dont have enough money to stay solvent for the turn..Noone does. Good luck getting back to fill some of the gaps below. 5% down in SPY is a good gap fill area. that was june 1. We will have tiny downside incursions through next month. Maybe October you get a good sell off. best of luck

You sure don't have any manners. Let's hope that changes.

no disrespect.

fast3777
fast3777

Elliott says C waves are like 3rd waves....relentless and powerful. Japan and Germany and Bitcoin should lead all markets down. Good luck.

ericoh792283
ericoh792283

🥱 yawn….are we having a correction now??? Wait -0.4% off NDX???

daniel039209
daniel039209

fast3777 said:

Elliott says C waves are like 3rd waves....relentless and powerful. Japan and Germany and Bitcoin should lead all markets down. Good luck.

i am amateur regarding Eliott wave. BUT, if you think this is C wave, was A 2022 sell off and we r in B?

fast3777
fast3777

Black Tuesday

fast3777
fast3777

Bitcoin today rallied to just above a .618 retracement. Now in wave C down to new lows. Bitcoin and Stocks are tied at the hip. Bad news for Bulls as euphoria and complacency are at historic extremes. This wave down will be about financial survival. Good luck

ericoh792283
ericoh792283

Voodoo wave theorist calling for Black Tuesday crash! Lol. Heard it too many times. It’s gonna be another boring week. Grinding higher and higher bull market.

fast3777
fast3777

ericoh792283 said:

Voodoo wave theorist calling for Black Tuesday crash! Lol. Heard it too many times. It’s gonna be another boring week. Grinding higher and higher bull market.

I must admit i am early. I look at a lot of stocks and markets that the majority never have any inclination to do and Tuesday will be a gap and go. You can't have Dow stocks in a crash sequence and a market moving higher when everything points to a historic top. The only thing that has kept this mania going is a malfeasant Federal Reserve,time to pay the Piper.

ericoh792283
ericoh792283

Silly bears…the wanted crash has come and gone, now about to hit all time high on leading index NDX and others to follow.

James_King2354411
James_King2354411

Will there be any updates? Could it be like November/December 2021 with many loops projection before the Market top??

ericoh792283
ericoh792283

fast3777 said:

Black Tuesday

Oh wow what a black Tuesday. Down 0.2%!

ericoh792283
ericoh792283

Bears are in ruins and they know it. Only wants crash!

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