SMC Update 6-22-23

Thu, 06/22/2023 Thursday, 06/22/2023 5:44 PM PDT


Comments (28)
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fast3777
fast3777

Remember if it crashes off the top...I told you.

dcarter8883312
dcarter8883312

I’m a bear but as one commentator said to me listen to market. I got out of shorts . Today was a disappointing day for bears & bulls. AAPL Looking good! Until AAPL Peaks No crash! AAPL has outstanding Upside Targets: 193.41 194.80 197.61 I will be very bearish after July 7th no later than July 11th. Have a good weekend! ~Dorothy

Cosmic
Cosmic

dcarter8883312 said:

I’m a bear but as one commentator said to me listen to market. I got out of shorts . Today was a disappointing day for bears & bulls. AAPL Looking good! Until AAPL Peaks No crash! AAPL has outstanding Upside Targets: 193.41 194.80 197.61 I will be very bearish after July 7th no later than July 11th. Have a good weekend! ~Dorothy

Where can I follow you? Thoughts on Tsla?

fast3777
fast3777

Important point is the SPX cash closed below the top trend line of the large expanding triangle. With the head and shoulders top. I expect a large decline Monday to start. Japan will be important Sunday night. Also Bitcoin will be important if has topped. I'm still looking for a waterfall event off the top. Have a great weekend.

fast3777
fast3777

I forgot to mention the top pattern in the Dow daily which is a harmonic butterfly or "BAT" top which resembles a bat. They are reliable and measure back to where the advance started. The October low should be reached in 2 months or less.

dcarter8883312
dcarter8883312

I will be surprised IF SPX does Not Eke Out one more new recovery high. SPX Won’t Peak as Long As AAPL Is Rallying. I will be 200% Short July 7th or 11th.
~Dorothy

dcarter8883312
dcarter8883312

Cosmic Consciousness

TSLA Friday was an inside day which is consolidation of recent rally. IF TSLA can close above 265 on BIG Volume then bulls are Back in charge. I still have 2 outstanding Upside targets on TSLA 296.49 As Long As 221.91 Is Not Touched. If Target met the next 3 trading days key for continued rally or reversal. I have a Stretch Target of 337.96 As Long As 235.23 Is Not Touched. ~Dorothy

dcarter8883312 said:

I’m a bear but as one commentator said to me listen to market. I got out of shorts . Today was a disappointing day for bears & bulls. AAPL Looking good! Until AAPL Peaks No crash! AAPL has outstanding Upside Targets: 193.41 194.80 197.61 I will be very bearish after July 7th no later than July 11th. Have a good weekend! ~Dorothy

Where can I follow you? Thoughts on Tsla?

Cosmic Consciousness said:

dcarter8883312 said:

I’m a bear but as one commentator said to me listen to market. I got out of shorts . Today was a disappointing day for bears & bulls. AAPL Looking good! Until AAPL Peaks No crash! AAPL has outstanding Upside Targets: 193.41 194.80 197.61 I will be very bearish after July 7th no later than July 11th. Have a good weekend! ~Dorothy

Where can I follow you? Thoughts on Tsla?

Last updated

fast3777
fast3777

dcarter8883312 said:

I will be surprised IF SPX does Not Eke Out one more new recovery high. SPX Won’t Peak as Long As AAPL Is Rallying. I will be 200% Short July 7th or 11th.
~Dorothy

AAPL might get one last pop up to 187 ish Monday morning. If it fails watch out below. YMMV

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