SMC Update Week Ending 5-28-21 Recorded 5-28-21

05/28/2021


Comments (8)
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Jeff
Jeff

Well SP 500 will probably go up a bit. Maybe buy in next week. I am in full agreement with what you almost said. Scary times we haven's ever seen in this Country. Take care. Thanks

Optimus
Optimus

Thank you, Peter. I just signed up with TS and hope to have your software up and running soon. I am just biding my time before a sharp sell off having prepared a list and sequence of Inverse ETFs to go into--starting with the tech side. :) In a market we have had, would you also include Russell 2K in a group likely to see a long slide esp since IWM has made a comeback? Any other we should consider when that day comes?

spencerdavis2000
spencerdavis2000

thanks Peter. Happy Memorial Day have a great time

arcon00224
arcon00224

Thanks for the continuous updates Peter. And yes I agree, government control has taken a frightening turn not just nationally but internationally as well!

m.hol228
m.hol228

Dear Peter, Can you please repeat the highest projection you have outstanding for the S&P500. I think it was more then a month ago that your highest projection was 4500+. Thank you very much Regards, Marko

bryansmith1751
bryansmith1751

I wish I had started trading with Peter a year ago when I first found about him. Instead, I chased a white rabbit down a conspiracy theory hole and got pummeled.

Peter Eliades
Peter Eliades

Optimus said:

Thank you, Peter. I just signed up with TS and hope to have your software up and running soon. I am just biding my time before a sharp sell off having prepared a list and sequence of Inverse ETFs to go into--starting with the tech side. :) In a market we have had, would you also include Russell 2K in a group likely to see a long slide esp since IWM has made a comeback? Any other we should consider when that day comes?

As you know, stocks and indexes tend to move together. The cycle projections do not predict which index will have the greatest reversal after projections are met. Your idea of including Russell 2k on the short side should be a good one when indeed all projections have been met. It's just a guess and not based on projections, but I believe the tech sector could suffer a significant decline once projections have been met.

Peter Eliades
Peter Eliades

m.hol228 said:

Dear Peter, Can you please repeat the highest projection you have outstanding for the S&P500. I think it was more then a month ago that your highest projection was 4500+. Thank you very much Regards, Marko

Currently the highest outstanding SPX projection is 4340.56, the upper side of the nominal 40 week projection generated by the 96.8-110.6 offsets. Understand that projection does not have to be seen as we have already met the lower side of the projection window...

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