SMC Update 9-14-23
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reiterating: a break of SPX 4450 will set off some landslide. they caught alot of people yesterday on that large rally.
NFLX Could Drop To 360 rather quickly. ~Dorothy
S&P 500 dropped 54.78 points today to below 5,20,&50 day moving averages and closed below at 4450.32 The 50 day ma was at 4482.51 The 200 day ma is way down at 4182.09
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I know Peter does not like events but US House Speaker McCathy has problems with the Republican Party and has to pass a bill to extend the budget in 9 business days or the Government will shutdown Oct 1st This would be major economically problem and stock market would have the stimulus for major sell off. This would fit Peters projections
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