SMC Update 12-27-23

Wed, 12/27/2023 Wednesday, 12/27/2023 2:49 PM PST


Comments (2)
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jjay636
jjay636

Hey Peter, did you happen to check IWM 20 week projection - oh yes, it has an upside to 222-236 which will probably invalidate your 4yr projection by mid january! Again, probably makes sense to go through all projections for a particular index to make a high probability calls on where it will go. Selective picking of only price projections without a solid cycle timing model will only lead to misery this year has been on this site.

alengray99514666
alengray99514666

Here we go again, Peter is trying to fit his narrative. Trying to fit his narrative by not going Log projection. VIX narrative backfired. NDX/DOW backfired. Projection overdue. what does that tell you if it's still going up. Projection was given when it was going up. Is it bearish? Bearish Narrative isn't helping

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