Video update Tuesday, 02/16/2021 2:28 PM PST

SMC Update 2-16-21

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Comments (5)

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m.hol228

5 years ago

Dear Peter, can you please take a look at Silver and/or Gold in one of your coming updates? Thank you very much

ramram78211128

5 years ago

Dear Peter, Please can you tell us what is the symbol for Advnace-Decline line on tradestation. Try to find out but not able to get similar like what you show us. Thanks

jeanrobert15225

5 years ago

Thank you, Peter, for your analysis. Even in pyjama and a beard you are good looking. Lol

Steffen Scheuermann

5 years ago Moderator

ramram78211128 said:

Dear Peter, Please can you tell us what is the symbol for Advnace-Decline line on tradestation. Try to find out but not able to get similar like what you show us. Thanks

We have also a tutorial: https://www.stockmarketcycles.com/services/daily-video-commentary/v/smc-tutorial-01-12-21-advancedecline-line-tradestation

Peter Eliades

5 years ago Moderator

JasonSans19781124 said:

I don't understand why you're expecting a short term top when the projections don't provide any downside target?

Because, along with all upside projections having been met on NDX (NASDAQ 100) there are prices meeting trendlines of potential importance. The beauty of projections is we don't wait for downside projections to call for a top. They can confirm a top of some kind has been seen. Turning points are expected when all projections are met and lead to no higher (in an uptrend) or no lower (in a downtrend) projections...

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