SMC Update Week Ending 6-9-23 Recorded 6-10-23

06/10/2023


Comments (3)
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alexfalet513
alexfalet513

Very good update Peter. Thanks!

daniel039209
daniel039209

Well, NDX up 6 weeks in a row.
Who cares if it’s a bull or bear market.
Larry Williams said it a long time ago ; Bearish forecasts and crash like warnings sell MORE than upbeat, bullish ones After watching video, you are looking for HIGHER SPX projections, 4370 up as high as 4525? First time since October, you have acknowledged upside. And then you said " if we breach above the higher line, there can be NO significant downside, if it falls back in continuum" Then, at end of video" we are so close to a major decline starting" The likelihood of, after advancing for 7++ months , the market falls straight down, are almost zero probability. Tops take multiple attempts at highs, retest highs, THE MARKET NEVER or so rarely, crashes from a high. Youre still playing for "major decline" Do you know that a 10% decline in NDX will get you April 25th levels. some 2900 points still above your level of "growling bear" "major sell off coming" approach. And early Sun evening futures NDQ_z up 35 points. There will be a selloff between Jun20 and August- market goes down 60% of the time, but so what. I would like to see your actual Cycle projections. Where are we on the sine waves?

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dcarter8883312
dcarter8883312

Peter: EXCELLENT Detail for those of us who don’t have software yet. Any plans to get software for TDAMERITRADE? Watch June 21 & July 11th Thanks ~Dorothy

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