SMC Update 5-17-21

05/17/2021


Comments (5)
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dciwinski973
dciwinski973

Peter, for sake of clarity. Is it safe to assume that despite these new short term upside projections that the larger picture of a market top forming is still in place as long as the SP500 does not greatly exceed the 4300 projection window that was the upper side? Can a market enter and leave a projection window multiple times without invalidation? Thanks in advance and God bless.

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Jeff
Jeff

I must have something wrong, but the average of the high and low of the SP 500 today did not equal the minimum required for an upside projection number discussed in the prior video. The high today was 4171.92 and the low was 4142.69.

lindambarnett1230981322
lindambarnett1230981322

Jeff said:

I must have something wrong, but the average of the high and low of the SP 500 today did not equal the minimum required for an upside projection number discussed in the prior video. The high today was 4171.92 and the low was 4142.69.

Answer?

franks115267
franks115267

Maybe we get a significantly higher projection in the near future and the big one is deferred ?

daniel039209
daniel039209

We are looking for a break out to new highs here?

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