SMC Update 12-14-22
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Comments (13)
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Thank you for the update; it's always a pleasure to gain some valuable insights into the market. I was wondering your thoughts on the $VIX having an upside projection on 12/1 and the $SPX having a downside projection on the same offset. If the VIX reaches its projection, it will trigger 24.2. This makes sense in light of our current circumstances.
Thank you so much Peter. This technical analysis is invaluable and adds real context to the projections. I think also its valuable to get a broader view of the patterns as you have done and have some patience and not get tricked into being reactive with these seemingly powerful rallies. Thank you!
Peter can you revisit nvda
Peter, SPX low so far 3903.68 pretty close to 3903.35 to 3819.97 projection window. 👍🏼 ~Dorothy
Peter, SPX low so far 3903.68 pretty close to 3903.35 to 3819.97 projection window. 👍🏼 ~Dorothy
Kwmurphy I am also looking for December 20th for next low.
Kwmurphy I am also looking for December 20th for next low.
Nothing from XXSPOWER today?...
Actually the cycle turn comes in on December 21st after the close. Low can be 20, 21st Globex or 22nd. ~Dorothy
Tomblas2051 I shorted NVDA this morning & have several targets Minimum 109.37 then 108.76 as long as 174.20 isn’t touched. If 108.13 low is taken out 72.03. I will be curious if Peter’s projection window is near these targets.
Peter #Vindicated 👍🏼
XXSPower?... XXSPower?..... (Bueller? Bueller?)
Last updated
SPX gave me a Target today to 3262.68 As Long As 3965.65 isn’t touched. A prior target was given to 3209.76 same area makes it a high confidence target. Only time will tell. I’m looking forward to Peter’s update very curious if he got lower projections. ~Dorothy
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