SMC Update Week Ending 4-23-21 Recorded 4-24-21

04/24/2021


Comments (8)

You cannot post comments.
Sign up for the Video or Bundle membership now and get access to exclusive content!
Login for Members

jshemanski49196
jshemanski49196

Hi Peter, Could you please provide a quick clarification if the downside projections given last week for the S& P have been invalidated? Thanks in advance.

Jeff
Jeff

sp 500, maybe you overlooked it? but that was what I really need to know. Thanks

Hsiang76
Hsiang76

+1. Just one trading day before we spoke about the SP500, how if one shorter term downside projection was met, then drawing the target rectangle box, it would trigger another lower target price on a longer offset. However, the entire videoclip should be invalid now I presume, as Friday’s SP500 rally just generated a all time high target on the index (see Thursday update video clip, 0:18 second onwards for the 45.5/52 offset 3.5/4 trade day).

elchico714622
elchico714622

I'm gonna go with a tesla put for July 16 before earnings on monday...let's see the results.

daniel039209
daniel039209

can you or will you actually say when you think a stock or the index is a short? the projection signals would have been not profitable if taken. Caution/danger has been theme since around March 19th when you did nice long update. the market, tsla, and even gold have chugged higher.

csamsd834
csamsd834

the IWM has been the strongest index - can you take a moment to discuss its upside projections? Thanks Peter

jshemanski49196
jshemanski49196

Could any other subscriber please confirm upside projections in s & p, if any??

Peter Eliades
Peter Eliades

jshemanski49196 said:

Hi Peter, Could you please provide a quick clarification if the downside projections given last week for the S& P have been invalidated? Thanks in advance.

Yes, my apologies to those who do not have the software and cannot follow projections in real time. Those downside projections were indeed invalidated. Since then, some short term upsides were generated and met. As I am writing this at 7:20 am Pacific time Tuesday, April 27, there are no new projections outstanding that have not been met. Let's see if we have projections for you on our next update...

1-8 of 8