SMC Update Week Ending 4-26-24 Recorded 4-27-24

04/27/2024


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jeanrobert15225
jeanrobert15225

Fantastic update Peter, thank you for all this information which took a lot of work. I must acknowledge you have a lot of experience too, whatever your critics say. Not to be aware of that and taking it lightly is like plunging into a 3-feet-deep pool, headfirst.

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daniel039209
daniel039209

It is true that you have been "playing around" with NDX/DJIA ratio since at least mid October 2023. (ratio was .451 & spx 4500...NDX 15,000). And those days were repeated calls for "significant declines/could be major long time highs"... Now, past few months the goal posts has moved to new ratio above .462. Sure we havent moved too much from late Feb--but that was after a greater that 22% run in every index. Also, Hussman overvaluation call is from at least 27% lower but he continues to beat the drum. Your bias seems to overshadow your projections. From stocks to BTC enormous moves from last fall, why is it odd that we are going sideways/consolidating. Are we breaking down? Let us know when there is actual breakdown. Thanks. May IS usually an end of the rally period and the updates posts many upside projections now. I see the ones today. All upside in SPX, TSLA.

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