SMC Update Week Ending 1-19-24 Recorded 1-20-24

01/21/2024


Comments (9)
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XXSPOWER127
XXSPOWER127

@@@@@@@ attn SHEEP

DO YOU SEE @ES 48 ?

4935 TO 5044

OR DO YOU WANT TO PICK TOPS ?

@NQ WEEKLY 17615

WHOOOP

AI IS THE FUTURE ......... RIDE IT

ITS LIKE THE INVENTION OF THE TELEPHONE BRUH .. COME ON ELIDES ...

LMAO!

BEAR

SOUP

DRINK UP

XXSPOWER127
XXSPOWER127

where is FAST ?

WHERE IS CONSPIRACY BRIAN ?

4776 long gone ... he said he would listen ......... HELLOOOO ???????

josephk4072
josephk4072

My work is showing me a pullback starting tomorrow into 01/31. From there, we should have one last push to ATH's by 02/14. That will be the local top into a more meaningful decline/crash. As of now, I am not sure if the decline concludes in mid-April or July, but from that low we should rocket to new ATH's (SPY 5700) by Sept 25'. This will all be brought on by the "crisis" that appears in mid-February and the expected Fiscal/Monetary response from the authorities in an election year.

XXSPOWER127
XXSPOWER127

josephk4072 said:

My work is showing me a pullback starting tomorrow into 01/31. From there, we should have one last push to ATH's by 02/14. That will be the local top into a more meaningful decline/crash. As of now, I am not sure if the decline concludes in mid-April or July, but from that low we should rocket to new ATH's (SPY 5700) by Sept 25'. This will all be brought on by the "crisis" that appears in mid-February and the expected Fiscal/Monetary response from the authorities in an election year.

josephk4072 ==> ok I have not seen you chime in before Lets see if you will be right? or wrong

THE PROJECTIONS ( DONT know if you have them ) SHOW 4950-5000 ON @ES which then means that you think it would invaidate it and you are picking tops .. the entire last year THIS WHOLE SMC has been TRYING to PICK tops.

The 100-110 weekly ON THE @NQ ( WHICH PETER NEVER TALKS ABOUT ) SHOWS 18734 !! TO 19000 !!!

You have lots of DATA AND THE FED ( both which move markets ) SOMEONE SAID THEY DONT but each time talking head talks it moves the markets ..

VIX LOWER

DID ANYONE NOTICE THE COMPLETE MARLARKEY HE TALKED ABOUT WITH THE 45.7 % ? HE SAID THIS WEEKS AGO WHEN THE /NQ WAS 14500-15000 AND SAID THE MAX GAIN WAS 2% HIGHER NOW THE /NQ IS 17500 AND HE SAYS THE MAX GAIN IS 2%
DOES HE NOT REMEMBER?

THE RATIO IS TOTAL GARBAGE WHY ?

MSFT ... IS IN THE DOW AND THE QQQ
AAPL ... IS IN THE DOW AND THE QQQ

IT WAS NOT 25 YRS AGO

ITS FLAWED !!! LIKE OUR IMMIGRATION SYSTEM

DEMO R A T S

josephk4072
josephk4072

XXSPOWER127 said:

josephk4072 said:

My work is showing me a pullback starting tomorrow into 01/31. From there, we should have one last push to ATH's by 02/14. That will be the local top into a more meaningful decline/crash. As of now, I am not sure if the decline concludes in mid-April or July, but from that low we should rocket to new ATH's (SPY 5700) by Sept 25'. This will all be brought on by the "crisis" that appears in mid-February and the expected Fiscal/Monetary response from the authorities in an election year.

josephk4072 ==> ok I have not seen you chime in before Lets see if you will be right? or wrong

THE PROJECTIONS ( DONT know if you have them ) SHOW 4950-5000 ON @ES which then means that you think it would invaidate it and you are picking tops .. the entire last year THIS WHOLE SMC has been TRYING to PICK tops.

The 100-110 weekly ON THE @NQ ( WHICH PETER NEVER TALKS ABOUT ) SHOWS 18734 !! TO 19000 !!!

You have lots of DATA AND THE FED ( both which move markets ) SOMEONE SAID THEY DONT but each time talking head talks it moves the markets ..

VIX LOWER

DID ANYONE NOTICE THE COMPLETE MARLARKEY HE TALKED ABOUT WITH THE 45.7 % ? HE SAID THIS WEEKS AGO WHEN THE /NQ WAS 14500-15000 AND SAID THE MAX GAIN WAS 2% HIGHER NOW THE /NQ IS 17500 AND HE SAYS THE MAX GAIN IS 2%
DOES HE NOT REMEMBER?

THE RATIO IS TOTAL GARBAGE WHY ?

MSFT ... IS IN THE DOW AND THE QQQ
AAPL ... IS IN THE DOW AND THE QQQ

IT WAS NOT 25 YRS AGO

ITS FLAWED !!! LIKE OUR IMMIGRATION SYSTEM

DEMO R A T S

I believe what's misunderstood about these higher timeframe projections is the window that they can be achieved. 19k will be hit, but not until late 25' as I outlined in my thesis for new ATH's. At the extremes (which we're in now), the big blind spot on FLD's is path of price. Just because a projection is generated doesn't mean it won't first take a wildly divergent path (usually on the higher timeframes) before meeting it. The reason Peter got tripped up last year is because this is an exceedingly rare occurrence on indices. The last time a multi-decade range-bound condition setup was the 1970-80's. In any trending market FLD's work very well. All of that said, Peter will FINALLY be proven right on the "crash" event, HOWEVER this decline is likely to generate a lot more longer-term bearish projections (which we won't see until 29' or later) that will need to be shelved.

XXSPOWER127
XXSPOWER127

josephk4072 said: I believe what's misunderstood about these higher timeframe projections is the window that they can be achieved. 19k will be hit, but not until late 25' as I outlined in my thesis for new ATH's. At the extremes (which we're in now), the big blind spot on FLD's is path of price. Just because a projection is generated doesn't mean it won't first take a wildly divergent path (usually on the higher timeframes) before meeting it. The reason Peter got tripped up last year is because this is an exceedingly rare occurrence on indices. The last time a multi-decade range-bound condition setup was the 1970-80's. In any trending market FLD's work very well. All of that said, Peter will FINALLY be proven right on the "crash" event, HOWEVER this decline is likely to generate a lot more longer-term bearish projections (which we won't see until 29' or later) that will need to be shelved.

@josephk4072

Sorry - what is the acronym FLD?

I bet he starts tonight off with .......... WHAT? DOJI !!
WE WILL LEARN ABOUT A DOji TONIGHT

Ok Mr. josephk - lets see how your plan pans out - No one has beat the projections - I find it funny that the MAKER of the projections .. most of the time DOES NOT BELIEVE his own software's projections. The Q'S have been getting bought every... single. time.

josephk4072
josephk4072

Future line of demarcation - it's the method that Eliades is using. He's facing a condition with this sideways market not seen since the 70's that's tripping him up, so he can be forgiven! Nobody is perfect.

tallallan744720
tallallan744720

XXSPOWER127 said:

@@@@@@@ attn SHEEP

DO YOU SEE @ES 48 ?

4935 TO 5044

OR DO YOU WANT TO PICK TOPS ?

@NQ WEEKLY 17615

WHOOOP

AI IS THE FUTURE ......... RIDE IT

ITS LIKE THE INVENTION OF THE TELEPHONE BRUH .. COME ON ELIDES ...

LMAO!

BEAR

SOUP

DRINK UP

you are very smart. you must be very rich. well done.

josephk4072
josephk4072

XXSPOWER127 said:

josephk4072 said: I believe what's misunderstood about these higher timeframe projections is the window that they can be achieved. 19k will be hit, but not until late 25' as I outlined in my thesis for new ATH's. At the extremes (which we're in now), the big blind spot on FLD's is path of price. Just because a projection is generated doesn't mean it won't first take a wildly divergent path (usually on the higher timeframes) before meeting it. The reason Peter got tripped up last year is because this is an exceedingly rare occurrence on indices. The last time a multi-decade range-bound condition setup was the 1970-80's. In any trending market FLD's work very well. All of that said, Peter will FINALLY be proven right on the "crash" event, HOWEVER this decline is likely to generate a lot more longer-term bearish projections (which we won't see until 29' or later) that will need to be shelved.

@josephk4072

Sorry - what is the acronym FLD?

I bet he starts tonight off with .......... WHAT? DOJI !!
WE WILL LEARN ABOUT A DOji TONIGHT

Ok Mr. josephk - lets see how your plan pans out - No one has beat the projections - I find it funny that the MAKER of the projections .. most of the time DOES NOT BELIEVE his own software's projections. The Q'S have been getting bought every... single. time.

01/31 local low, and back up for a bit. Top could come as early as next Wednesday or extend into 02/14.

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