SMC Update 8-29-24
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Comments (5)
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More questions than answers; since the SOX & NDX HAVE been leading / advancing for 20 months, do you really believe that they are the ONLY group that has to always go up for the market to go up?? Leadership never changes over market cycles ?? That is completely false. And you used to - for months - say “ TOP IS IN” “ SIGNIFICAnt downside , snowballing, water falling …is about to happen”. And now you say “ can’t get bearish just yet…”??? Please say one thing and mean it. Not 4 possibilities. What’s seasonality look like ??
Time to buy calls when Eliades calls for Top
you got that right! only 9 out of last 10 months UP.
Turns out it wasnt the all time top of our lifetimes months ago. Oh well, there is alway the mid 2025 time frame when some very good cycle, technical guys look for problems with bull market. Meaning, downturn.
HILARIOUS !
DAX ALL TIME HIGH DOW ALL TIME HIGH RSP EQUAL WEIGHT ALL TIME HIGH FINANCIALS ALL TIME HIGH
BUT HE FOCUSES ON ???? WHAT
I CANT WAIT FOR NVDA TO GO BACK TO 130 AND WRECK OR IS IT RECKT MORE #HAVOC
AI
Ai
AI AI AI
the top is early 2025 as you said...you are right. And I bought the dip as previously commented. thanks for the insights. spot on,
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