Thank you Peter for the update! Just wondering if it is feasible to do a projection for VIX? It would be great to see where the VIX might be heading next....

Thanks for the update, but it is kind of leaving one clueless as to where the markets are heading as far as SPX/ NDX goes, especially given all the hype around VIX levels having made a new foray in Feb. Seasonally, March is not a great time for the market and the market is expected to hit lows this time of the year, so markets going up is improbable at least until Mar first half. Let's wait and watch. Thanks for reminding us on the longer term target for EURUSD and GLD, again have to wait and see for a robust upside on both sides. I think Mar second half should point in that direction clearly.

Last updated 1 year ago

We really need to hit the lower part of the projection on the ES daily 12/13.

We are so close to invalidating the 48 upper projection but haven't done it yet.

Hopefully Monday is a down day to invalidate it then we can have a reversal on Tuesday after it

It is a pleasure to watch you "work" Peter.

I have asked this question before and I believe I did not get a response as at the last time I checked. How can one estimate the time duration within which the forecasts for each offset is supposed to take place? Also this a paid service and would appreciate a response.

Last updated 1 year ago

Thank you for putting the 200 dma moving averages in the charts. I didnt know about the importance of the 55dma, interesting.

Peter - could you take a look at DIA / DJIA - thank you for all your do!

IF that is all the rally we get I can’t wait for the decline. The middle fork of pitchfork held the rally so far 30 mins to go. ESH Daily use Tools Andrews PitchFork High 2/2/23 Low 2/9/23 High 2/14. ESH has been trading down the lower channel. I expect ESH to break that trendline to downside 3-1 or 3-2 . Profiles can flip though I don’t expect it will. It’s doing loop up Peter said it could do in order to get lower projections. ~Dorothy

Last updated 1 year ago

I believe we have just had a bad couple days for the bears.

We could not get the 48.4/55.3 on the ES daily upper projection invalidated.

It gets much harder to do starting 3/1

Peter if you don't mind could you see if it is still validated on the SPX

Really only left with NQ downside on the 12/13 and the ES and YM are pointing to another leg up

Last updated 1 year ago

Yadunath said:

Thanks for the update, but it is kind of leaving one clueless as to where the markets are heading as far as SPX/ NDX goes, especially given all the hype around VIX levels having made a new foray in Feb. Seasonally, March is not a great time for the market and the market is expected to hit lows this time of the year, so markets going up is improbable at least until Mar first half. Let's wait and watch. Thanks for reminding us on the longer term target for EURUSD and GLD, again have to wait and see for a robust upside on both sides. I think Mar second half should point in that direction clearly.

I thought I made it very clear that the VIX indicates the bear market is resuming. Do you think I did not make that clear? We just need to get what should be a short term upward correction out of the way...

Peter Eliades said:

Yadunath said:

Thanks for the update, but it is kind of leaving one clueless as to where the markets are heading as far as SPX/ NDX goes, especially given all the hype around VIX levels having made a new foray in Feb. Seasonally, March is not a great time for the market and the market is expected to hit lows this time of the year, so markets going up is improbable at least until Mar first half. Let's wait and watch. Thanks for reminding us on the longer term target for EURUSD and GLD, again have to wait and see for a robust upside on both sides. I think Mar second half should point in that direction clearly.

I thought I made it very clear that the VIX indicates the bear market is resuming. Do you think I did not make that clear? We just need to get what should be a short term upward correction out of the way...

Hi Peter - I had been in and out of your service, of late (I am sorry about that), but I watched your elaborate YouTube update on VIX and really appreciated it. I have also noted your observations on the latest Monday's update that we got to exhaust the short term upsides before it latches on to the main downward trend.