SMC Update 11-11-21

Sat, 11/06/2021 Saturday, 11/06/2021 1:24 PM PDT


Comments (6)
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jeanrobert15225
jeanrobert15225

Thank you, Peter, for the excellent work. Your videos are always very entertaining and I love your profound knowledge of the markets cycles and your technical analysis. Your software for your projections, with the help of Steffen, is your masterpiece and I use the Web Application which is very useful when the data is updated daily like in the past few days. Living in Canada it is complicated to get a TradeStation account so the Web App comes very handy.

adwhartonmd232
adwhartonmd232

Peter I have question Since no higher projections can be given with your system what is highest you seen the market in % go higher above the top of present projection in past years since you have studied the market in your years using cycles with your software for decades Also brings another question since no higher projection can be given then I assume the next projection will be projection for lower market at some point in time Is this correct? Then one day a lower projection will be given then markets be back to your ups and or down projections Look forward to your comment on these questions

jeanrobert15225
jeanrobert15225

Peter, because you like numbers and patterns, there is also a top, to bottom , to top pattern which is remarkable. That is between the top of 1929, which is September 3, 1929, the bottom of December 6, 1974, and the top of February 19, 2020, which preceded the big flash crash of 35% in March 2020 only second in importance to the 22% flash crash of October 19, 1987 in one day (black Monday). The biggest crash in history before that, being the big 30 % market crash from October 24 1929 (black Thursday) to November 13, 1929 , but 50 % if you compute the drawdown from September 3, 1929. Do you know how many days between September 3, 1929 to February 19 2020 : 33,042 days. What is the exact middle of this , 16,521days and it is November 26, 1974. You really know that one of the biggest bottom in market history was December 6, 1974 , a date that made you famous because I think you forecasted this bottom by the day. So only 10 days of difference between that date and November 26, 1974 . In fact there are two bottoms, as you surely know, about equal in 1974 , October 4, 1974 and December 6 1974. The exact middle is November 5 , 1974, like November 5 of this year to tease you, which might be also one of the biggest top ever, we will see, maybe preceding also a big flash crash! We will see also.

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jeanrobert15225
jeanrobert15225

Peter, what is more precise than what I said precedingly is if we take the top, to bottom, to bottom from September 3, 1929, December 6, 1974, and March 23, 2020, which is the exact bottom of the 35% Covid crash of March 2020. Between September 3, 1929, and March 23, 2020, there is 33075 days , the middle is 16537 days or December 12, 1974 (12/12/1974) only 6 days away from the bottom of 1974. So you have two 45 years and 3.3 months cycle (bissextile years, included) from top, to bottom, to bottom and a gigantic 90 years 6,66 months from top to last bottom. Isn’t it spectacular when you look at the numbers.

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spencerdavis2000
spencerdavis2000

thanks Peter. I think those things lining up also lines up with the 150 month cycle plus or minus a month would be from Sept 2021 from Aug to Nov so Nov if it marks the high, then all of those things are right. ie. 150 month cycle from 2009 March to Sept 2021 plus or minus a month, plus the bottom to bottom to top count cycle as well as the rising wedge and no more projections.
Hopefully those projections on the VIX from 10 to 12 get invalidated and no more loop projections on the market so this all comes together.

daniel039209
daniel039209

Aligns with what I offered up Friday , exact low was 5 years ago. Nov 5th ,2016. Seems premature to say it’s the top. Playing for a top or a flash crash is a fools errand. If it is a top of significance, you could sell when we break and have moving averages turning down. Only been going up for 17 months. With ?5-6% drop. Big deal. If u caught that, congrats. Meanwhile it’s been up the largest $ increase ever

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