SMC Update 7-26-23
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Comments (21)
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Bear 🤡
Vix below 13 again. What a crash! Black Monday Tuesday Wednesday Thursday Friday! Vix, imaginary trend line, resistance line, 69 days top! Lol
How can bears have any expectations while this impressive Earning Seasson is overlaping with the low liquidity projections. LOL PETER does not talk about these things that are PERTINENT NOW A DAYS
SPX getting close to the 4600 strong resistance
(negative vanna for dealers) that will be a level to watch.
JPM sell calls are sitting right above,
4665 that is also a strong resistance level.
@@@ ALERT !!! szulc2639 szulc2639szulc2639szulc2639szulc2639szulc2639szulc2639szulc2639 szulc2639
HE WILL NOT TRADE TODAY CAUSE HIS BUDDY HUNTER BIDEN DID NOT GET A PLEA DEAL SO HE IS SAD !!!
LMAO
SMALLHANDS
REMEMBER TO HAVE YOUR MOMMY WASH YOUR UNDIES szulc2639
All of Peter’s downside about to get invalidated!
6/13/23 Target on ESU 4625.69 Met 7/27/23 should reverse over next 3 trading days and it’s possible to reverse today & tomorrow is acceleration to downside! Otherwise 🚀To The Moon 🌝? SPX Stretch Target 4716.20. Watch AAPL 5/30 Target 197.61.
SPY Target 463.30 or 463.48 ~Dorothy
I’ve long had a Turn date August 2-3 but felt it would be a low. Profiles can flip. Thanks ~Dorothy
SMALLHANDS
democrack
I think as long as bears continue to fight this, we have much higher to go. Obviously ATH next and probably QQQ 500
Peter must be sweating 😅 right now….all his calls have been wrong.
ESU Target met indices rolling over.
That could be it❗️ Stick a fork in it🍴 IF reverses today & looking like it could. Possible Escalation to downside tomorrow for a “flash crash” low Aug 1-3? We’ll have to see. Lots of planets Rx so Profile flipped/skewed. The individual Targets have worked better than Profile recently. Looks Like Very Low Risk Timing For Shorts or Puts to me. ~Dorothy
my comment yesterday to pivot,do something other than short every day was so dumb, huh??? how about a close under a 8 or 10 day move average? that is when i will lay into shorts. i want to hear how peter spins this, he should do intraday update, did we just invalidate all his NDX 15300-15050 downside?
/NQ 16666 I wait ...
^^^^ exactly ^^^^
Or you can do Elliot wave synopsis and not know which way to go maybe might could perhaps if then there alternatively then.. says SZULTZZZ6669
brian.... okay , fair enough. I just am so shocked that Peter has done his new shiny object of the day bearish bias for so long. He also has done this in past, so , maybe i shouldnt have been so surprised. Was negative from March 2021 all the way up until Jan2022 when we had a month of divergences. Tops take time.
The real deal?? Yes I think so. Japan completed a expanding triangle,now in wave 3 down. Germany also in 3 down...Hang on Bulls,that heat will BBQ you.
hey Fast ! welcome back. Today is the FIRST DAY that the market has shown extreme buying/capitulation. Period. Down Thursday leads to down Fridays Finally short and not against me 779 points
Good luck and I hope both us clean up! Down Friday down Monday is a old Wall Street maxim. Gann always said 3 down bars off a top means change of trend. We have 5 down off the top in the S&P,which means I'm wondering about Peter's August 9th date. Cheers
Last updated
Btw the JNK is signaling a banking crisis. Don't know when but it's coming.
KWMurphy Yes, I knew that about Gann. Did you know James Brock RIP? He also did work similar to what you posted. Just curious. Thanks 🙏 ~Dorothy
" From the wave 2 high on 3/29/22 to today’s 4634.50 high on 7/27/23, the market has made a net gain of 3.5 points in the span of 16 months "
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