SMC Update 9-12-22

09/12/2022


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Optimus
Optimus

Thank you, Peter. Very interesting setup indeed. Decision time.

jjay636
jjay636

Thanks for the update, if there is time to look at AAPL and TLT that would be helpful as I think there might be more important signals in those than even NVDA or MRVL.

arcon00224
arcon00224

Great update Peter, thanks for the information, I began watching your videos when you were only posting to YouTube and didn't even yet have this subscription-based video update website running. And, when you began doing the subscription-based video updates, I signed up then and haven't missed a single video yet. And, I can attest to you being honest and not cherry-picking a penny stock here or a penny stock there in order to forecast a desired outcome. Also, I've definitely made back my money that has been spent on your video service (and then some) through the trading of futures. So, your method works, regardless of what that other guy is claiming.

brian1469
brian1469

Peter thank you for taking the time to put together a long video.

This market right now is excellent to teach about your system

ryguy
ryguy

Big week. Thanks for the update. Enjoying the zoomed in and out views like a hunter stalking prey.

Would love to see MSTR for a second angle on Bitcoin price action

Matt
Matt

Thanks for the NVDA breakdown. It gave me the will to completely hedge my NVDA last week plus some, which accounts for about 50% of my portfolio. The puts have been a big loss so far but with these projections I can hang on for the win.

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spencerdavis2000
spencerdavis2000

thanks for walking through that great update.

glennopps200
glennopps200

Peter, Thanks for the comprehensive update. I know these updates take a long time to prepare and edit... You can't just wing it.

CS37
CS37

The very bearish thesis on the stock market presented in this video, is not supported by the Eliades Cycle Projection Web App, specifically the 7 / 8 daily cycle projection of the DXY, where it has just generated a further downside projection to somewhere into the 107 area. The recent high inverse correlation between the DXY and the stock market (i.e. DXY down, stock market up, and vice-versa) has been one of the dominant themes in the recent stock market dump, and also the surprisingly strong 3-4 day rally off what appears to be at least a local low, if not an important bottom. If this high inverse correlation between the DXY and the stock market persists, it would argue that the stock market has even higher to go. And, with the "quadruple witching" this Friday looming (i.e. simultaneous expiry of index futures, stock futures, index options, and stock options) some unusual market action can be experienced this week, as large institutional traders need to cover / rollup / rollout their futures and options positions. This week's market action could be VERY unusual, as I think it already has been! Take this into consideration when making your decisions.

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daniel039209
daniel039209

When SPX BROKE the continuum to the downside 3910-ish. I recall you were extremely bearish, Myabe we could see a 1-2 day bounce. We are 5 days and over 220 points straight up. And you are equally as bearish. Gold/ silver have all rallied. I think your bearish bias overwhelms your projection forecasts. Only after we rallied 175 points did you “allow for maybe we can get 4150-4170 maybe 4200. SPX 2000’s ? Would have to be a world war to cause that decline. Hard to bet on total destruction of world

eechentra2018
eechentra2018

daniel039209 said:

When SPX BROKE the continuum to the downside 3910-ish. I recall you were extremely bearish, Myabe we could see a 1-2 day bounce. We are 5 days and over 220 points straight up. And you are equally as bearish. Gold/ silver have all rallied. I think your bearish bias overwhelms your projection forecasts. Only after we rallied 175 points did you “allow for maybe we can get 4150-4170 maybe 4200. SPX 2000’s ? Would have to be a world war to cause that decline. Hard to bet on total destruction of world

Good points. Have you seen this? There's a convergence of adverse global economic variables that paint a dire picture. I have a hard time thinking it has zero impact on price action.

https://www.gmo.com/americas/research-library/entering-the-superbubbles-final-act/

eechentra2018
eechentra2018

On TRIN at end of video you say Bullish vs vulnerable. We have to wait and see which?

jefflane8592
jefflane8592

Thanks Peter

m1.c70
m1.c70

Thanks Peter - I think most of here respect your immense expertise about markets as well are your integrity and your model. Nothing is 100% but your work is very informative. I cannot fathom one of two of the comments on here that 'accuse' you of being biased. I come here for your informed opinion and find it ironic others who have clear biases seem to rail against your views because they cannot believe something can happen.

jefflane8592
jefflane8592

Wow... Inflation numbers...!!! Your call is looking good!!!

carrleon20002206
carrleon20002206

jefflane8592 said:

Wow... Inflation numbers...!!! Your call is looking good!!!

Exciting time coming....

brad.dantone1432
brad.dantone1432

Peter, I had no problem sleeping last night. The Cleveland Fed estimated CPI +8.24% vs. Consensus CPI of 8.0%. Your past weekly updates gave me the confidence to believe what the Cleveland Fed was saying. Mary, the Mother of God, is with you as you live your life mission to help all investors be successful. There has never been an advisor with your technical skills to communicate to the world in a daily direct effective understandable video. You're the Patron Saint Of The Stock Market. Thank You, Brad.

malis100298
malis100298

Thank you very much Sir. Your integrity is beyond any doubt.God Bless

jefflane8592
jefflane8592

Hi Peter. Can you please keep and eye on TLT for us. Some predict we could see a turn in bonds when the economy slows down and they could be an excellent play. It would be helpful if it could be added to the WEB ap as well.

ryguy
ryguy

I like the moon math

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