Peter Eliades SMC Update Week Ending 11-6-20 Recorded 11-8-20
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Comments (2)
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Hi Peter, could you show the daily closing statistics of the 12/14 and 25/27 cycle statistics on the SP500? I have been following you since roughly 5-6 weeks, and somehow all the downside projections were many times not met lately. It seems like the upside projections for same cycles work very well, but in an uptrend market this is almost a given anyways. Many thanks
Dear Peter, can you go over your chart that has the pivots from 2009 and 2012 and 2018 that you talk about sometimes? How do these upside projections fare with that line - as it’s been a few weeks I am sure the line has trended up but not sure it’s 3800. I remember you said it can go over one day or two days for you to turn bullish but still below that line is still bearish even though we have these higher projections. Thanks in advance and thanks so much for all your hard work and diligence. I really appreciate it and I’m sure other people who do not comment surely appreciate it as well!
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