SMC Update 6-2-21

06/02/2021


Comments (7)
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Optimus
Optimus

Thank you, Peter. Interesting times. I am going to let the trend lead if it's higher so be it. Also, how would you say the pattern may play out? is it safe to assume that the market is more likely to move higher after a period of consolidation we are going through, especially after a big run up prior to it, or can the market still go either way?

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alexfalet513
alexfalet513

Thanks alot Peter Could you please take a look at oil next time?

Have a nice trip

daniel039209
daniel039209

One of the more bullish reports i have seen in 4.5 months. save for BTC. I guess we are a long way from the top. Feb/March was aggressively warnings of imminent topping. If my recollection is correct. I hope this is correct, another 2-3% in indices would be huge

bryansmith1751
bryansmith1751

I've heard other seasoned analysts say that bitcoin is going to crash to unimaginable levels, but within a few years will be at all-time highs.

spencerdavis2000
spencerdavis2000

thanks Peter drive safe

Ali
Ali

Peter - why use the ETF when tradestation has BTC/USD its much better than using the ETF. I was surprised to see BTCUSD actually but its there....

dciwinski973
dciwinski973

Peter, I know you receive a lot of requests for charts but would you please consider one on EEM the ishares emerging markets etf? It seems that this may be prepared for a 10% move to the upside in the near term. Thanks in advance.

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