SMC Update 1-19-23
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Comments (7)
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Great update as usual. I love the side point on how to play the chart positioning based on current price, projections, different offsets and the continuum. Please do more of that. It helps understand how to read projections
Hey Peter great update. Yeah I also think renaming things like that is dumb and accomplishes nothing except make people dumb. Squaw Valley had nothing wrong with its name.
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Notably PE is now the sole analyst, whom I follow (paid or not), with a confirmed bearish view / projection on GLD. The stop is noted.
Bloomberg: Today Was A Huge Option Expiration Day. $800Billion Single Stock Options and $1.3Trillion Rolling Index Options—the LARGEST Non-Quarterly Expiration On Record❗️ January is always bigger because includes year end. ~ Dorothy
Someone quoted Tom McClellan a few days ago. Interesting interview today CNBC: Stock market faces collision of bullish and bearish forces, says Tom McClellan https://m.youtube.com/watch?v=m-6_dgd8Xmg
Dear Peter, I had a look at the Web App Projections. Would you be so kind addressing the fact that the daily 48.4/55.3 show that the bear target 3.250-3.510 has been invalidated and 4.431-4.618 is the only outstanding long term one now.
No weekend update. Is Peter okay?
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