SMC Update Week Ending 4-14-23 Recorded 4-15-23

04/15/2023


Comments (10)
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spencerdavis2000
spencerdavis2000

Christós anésti. Haha I remember that from that movie My Big Fat Greek Wedding :-) Happy Easter Peter.

dcarter8883312
dcarter8883312

Peter, Happy Easter Christos Anesti

Alithos Anesti

~Dorothy

Last updated

srblack1960144
srblack1960144

Happy Easter Peter.
One more "bonus" regarding the VIX. Using $VIX.X on the weekly chart, I drew a trendline connecting the low during the week of 11/24/17 (8.56) and the low during the week of 11/29/19 (11.42). If you do that (assuming I did it it right, I really struggle getting trend lines to "snap to" extreme readings on bars) then this trendline is at about 16.24 this coming week, then 16.28 the following week, then 16.33 the first week of May. So perhaps dropping below that trendline could be another line in the sand suggesting we're into a new bull market. Some gurus are suggesting we could see an epic "Sell in May and Go Away" this year.

stevepam307409
stevepam307409

Happy Easter Peter & Family

My only index question is the "Largest Bailout Ever we just had" -- 800 Billion. Very Quietly Done..Can that $800 Billion added to Money Supply Turn a Bear to a Bull, for a short while. Whatever the outcome-Bless you Peter for sticking to your research and Thank You For It.! Steve

brian1469
brian1469

Not doing much really hope we get a pop to hit all the upper projections to go short on.

Wonder if the April 20th date we talked about at the beginning of the month from Jeff Cooper and talking about how we look similar to April 1930 on the charts.

I find it funny Sven posted this on twitter. The ultimate bear chart: $SPX 1575 by March 2025 for massive historic confluence support. https://twitter.com/NorthmanTrader/status/1648029314321903616

This is how the charts lineup if we are in April 1930 right now the fall to 2025 would be similar to 1930-32.

XXSPOWER127
XXSPOWER127

LET ME GUESS TONIGHT COMMENTARY

READY !!!

PETER HERE, SMC UPDATE FOR MONDAY .. CRUCIAL TIME HERE FOLKS .. LETS LOOK AT THE $VIX ITS SO LOW HOW LOW IS IT ?

its is so low that it's traveled below the earth's crust, directly into Hell !

WE HAVE HIGHER PROJECTIONS BUT IGNORE THEM - THEY WONT HIT !!! JUST LISTEN TO ME AND SHORTY SHORT SHORT SHORT SHORT ! ! WE GOT MOONS COMING UP WE GOT WEDGES WE GOT 54 TRADING DAY CYCLES WE GOT ECLIPSES COMING UP WE GOT SELL IN MAY AND GO AWAY COMING UP

WE GOT A SPECIAL GUEST ... DOROTHY !! SHE IS TO REVEAL A TURN DATE TONIGHT.. STAY TUNED

SEE YA TOMORROW

BAKLAVA! YAMAS !!! OPA !!!!!!!!!!

HILARIOUS !!!

daniel039209
daniel039209

At end of video, you said" you know what i would be recommending" Would you rather recommend an inverse NDX etf or would you be recommending the VIX(long) ? Hypothetically speaking. also, it would be what is clearly better timing than the past 5-6months of taking a bearish position. Maybe 4.17.23 is the day to get short. THis room has been full of "cycle highs" through March, alot of signals supposedly April 10-12. Of all the signals, offered by other subscribers, about zero have been the high. Today/tomorrow could be high water mark for a while. My opin.

brian1469
brian1469

XXSPOWER127 said:

LET ME GUESS TONIGHT COMMENTARY

READY !!!

PETER HERE, SMC UPDATE FOR MONDAY .. CRUCIAL TIME HERE FOLKS .. LETS LOOK AT THE $VIX ITS SO LOW HOW LOW IS IT ?

its is so low that it's traveled below the earth's crust, directly into Hell !

WE HAVE HIGHER PROJECTIONS BUT IGNORE THEM - THEY WONT HIT !!! JUST LISTEN TO ME AND SHORTY SHORT SHORT SHORT SHORT ! ! WE GOT MOONS COMING UP WE GOT WEDGES WE GOT 54 TRADING DAY CYCLES WE GOT ECLIPSES COMING UP WE GOT SELL IN MAY AND GO AWAY COMING UP

WE GOT A SPECIAL GUEST ... DOROTHY !! SHE IS TO REVEAL A TURN DATE TONIGHT.. STAY TUNED

SEE YA TOMORROW

BAKLAVA! YAMAS !!! OPA !!!!!!!!!!

HILARIOUS !!!

Why aren't you out celebrating all the money you made instead of trolling on the internet.

gjlehmann12951
gjlehmann12951

To: XXSPOWER127 I’ve been reading your asinine comments about Peter’s forecast— You my dear sir are a blithering idiot. I have followed Peter for 43 years. I’ve made a fortune following his work. You have no idea. Nobody’s perfect. You only need to be right 60-65% of the time to become wealthy. You can run your diarrhea mouth—all you want. What’s your claim to fame. Peter has one of the best long term forecasting records in the industry. He ranks right up there with some of the greats: Larry Williams, Bert Dohmen, & Robert Prechter. BTW you fool. Millionaires don’t trade off the full moon— Billionaires do. Please respond— can’t wait to joust with your ass.

Last updated

elchico714622
elchico714622

XXSPOWER127 said:

LET ME GUESS TONIGHT COMMENTARY

READY !!!

PETER HERE, SMC UPDATE FOR MONDAY .. CRUCIAL TIME HERE FOLKS .. LETS LOOK AT THE $VIX ITS SO LOW HOW LOW IS IT ?

its is so low that it's traveled below the earth's crust, directly into Hell !

WE HAVE HIGHER PROJECTIONS BUT IGNORE THEM - THEY WONT HIT !!! JUST LISTEN TO ME AND SHORTY SHORT SHORT SHORT SHORT ! ! WE GOT MOONS COMING UP WE GOT WEDGES WE GOT 54 TRADING DAY CYCLES WE GOT ECLIPSES COMING UP WE GOT SELL IN MAY AND GO AWAY COMING UP

WE GOT A SPECIAL GUEST ... DOROTHY !! SHE IS TO REVEAL A TURN DATE TONIGHT.. STAY TUNED

SEE YA TOMORROW

BAKLAVA! YAMAS !!! OPA !!!!!!!!!!

HILARIOUS !!!

He is saying facts though lol

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