SMC Update 6-4-24

06/04/2024


Comments (13)
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XXSPOWER127
XXSPOWER127

50 points from ATH and let me guess 21 mins of calling tops?

PICKING TOPS IS A ????????

SAY IT WITH ME SHEEP

we have HIGHER PROJECTIONS ON THE /NQ 1-3 we have HIGHER PROJECTIONS ON THE /NQ 24 we have HIGHER PROJECTIONS ON THE /NQ WEEKLY WAY HIGHER we have HIGHER PROJECTIONS on THE /NQ MONTHLY WOOOO WAY HIGHER

ITS NOT BEING TALKED ABOUT LOL

FOLLOW THE PROJECTIONS

Ai Ai Ai
Ai Ai Ai
Ai Ai Ai
Ai Ai Ai
)
csamsd834
csamsd834

I agree. The market can stay irrational longer than you can stay solvent. A valuation indicator in isolation cannot determine a top and yes, its important to follow. However, the market has risen all year in the face of this ratio. The projections tell the tale and will catch THE HIGH when it forms. Nobody needs to capture the first 1-2% down in a 20-50% move.

daniel039209
daniel039209

csamsd834 said:

I agree. The market can stay irrational longer than you can stay solvent. A valuation indicator in isolation cannot determine a top and yes, its important to follow. However, the market has risen all year in the face of this ratio. The projections tell the tale and will catch THE HIGH when it forms. Nobody needs to capture the first 1-2% down in a 20-50% move.

Truth. Unfortunately Peter has been saying short since Nov 2022. Doubled down Nov 2023. You can never make back a 69% gain, once its missed or worse, shorted. Semis continue to lead the market higher. Especially with all the "doubters" that AI is helpful. The uptrend shows no signs of breaking down. The video presentations are almost universally negative, even when they have hit some downside intraday projection, it is still a narrative of 300-420 more points to go down. Meanwhile the market rallies 2-3% like its nothing. SOX/DJIA ratio still moving much higher this morning

Last updated

XXSPOWER127
XXSPOWER127

/NQ 18900 and more important the Sept futures /NQ IS AT 19100

900 more points to 20,000

You know hats are getting ordered

PETER WILL CALL A TOP THEN TOO..

XXSPOWER127
XXSPOWER127

Sept /ES 5400

fed next week

LOL !!!

that SOX channel back in play back to the highs .. maybe the channel was off a bit and it hit the lower edge.. could be ..

YUGE

daniel039209
daniel039209

It would be so helpful to update your "starting to get potentially significant downside projections" on SOX. it is up 3.41% and its 12noon est. How is this fitting into your "channel break" and other negative comments on thee strongest aspect of the market??? Also, helpful, to re visit AAPL when you get a chance. Thank you

Last updated

XXSPOWER127
XXSPOWER127

matt4752 said:

I too was scratching my head last night over zero mention of NQ higher projections. Getting a little bizarre; not to mention expensive...

He never talks about higher projections

HE NEVER LOOKS AT WEEKLY

WHEN IS THE LAST TIME HE LOOKED AT /ES WEEKLY ?

NEVER !!!

WHEN IS THE LAST TIME HE LOOKED AT /NQ WEEKLY

I HELP THESE PEOPLE BUY TELLING THEM /NQ AND /ES AND /RTY AND /EMD HAVE HIGHER AND THEN HE POO POOS ON ME AND THE PROJECTIONS

HAHHA

MARKET HISTORY

XXSPOWER127
XXSPOWER127

daniel039209 said:

It would be so helpful to update your "starting to get potentially significant downside projections" on SOX. it is up 3.41% and its 12noon est. How is this fitting into your "channel break" and other negative comments on thee strongest aspect of the market??? Also, helpful, to re visit AAPL when you get a chance. Thank you

AAPL has higher to 200 +

daniel039209
daniel039209

XXSPOWER127 said:

daniel039209 said:

It would be so helpful to update your "starting to get potentially significant downside projections" on SOX. it is up 3.41% and its 12noon est. How is this fitting into your "channel break" and other negative comments on thee strongest aspect of the market??? Also, helpful, to re visit AAPL when you get a chance. Thank you

AAPL has higher to 200 +

thank you! you have been pretty clear on the higher projections versus "there is significant downside" building. the old adage " Do you want to be RIGHT or do you want to make money". Peter will apparently not change his bear stripe now, its been 30 months and counting. He fights the tape to "be right" Recipe for disaster in investing

XXSPOWER127
XXSPOWER127

The best indicator is when he says

DO I THINK IT WILL GET UP THERE? NO I DONT HE SAYS!!

THAT IS THE BEST FADE EVER

WORKS EVERY ... SINGLE... TIME..

LIKE MARTY ZWEIG !! #MARKETHISTORY

XXSPOWER127
XXSPOWER127

WEEKLY 5/5 19500 CONFIRMED PROJECTED

WEEKLY 10/100 19696 CONFIRMED PROJECTED

WEEKLY 100/ CONFIRMED 19100 ALL THE WAY TO 20000

MONTHLY CONFIRMED 21148

ALL CONFIRMED

NO DOWNSIDE

NO WATERFALL

NO CRASH

SIG NIIFF III CANT

daniel039209
daniel039209

new record highs. SOX up staggering 4.52%...just rallied 24% straight since late April. I dont believe i heard one positive comment from all the work that Peter does. He does tons of work, no doubt. Just so biased for so long, detrimental to what is actually happening, and has been happening. Im sure we r closer to top now...."long way down..????" huh?

ericoh792283
ericoh792283

Omg. Follow this dude if you want to loose all your money. 😂

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