SMC Update 6-28-23

I would not doubt that the SPX could hit 4400 tomorrow and then reverse. I think AAPL needs one more loop up maybe 190ish. HD and UNH are in 3rd waves,but could rally and reverse. CAT is another that needs a rally up. I think at some point this fractured market get's a real trend day lower,maybe a 100 pts down in the S&P or a kick off of large degree. Thank's Peter

fast3777 said:

I would not doubt that the SPX could hit 4400 tomorrow and then reverse. I think AAPL needs one more loop up maybe 190ish. HD and UNH are in 3rd waves,but could rally and reverse. CAT is another that needs a rally up. I think at some point this fractured market get's a real trend day lower,maybe a 100 pts down in the S&P or a kick off of large degree. Thank's Peter

UNH TO 510 /YM #HIGHER !!!!

UNH 510 MARK IT. 06.28. FAST MONEY

And then we could finish it in Globex tonight.

Last updated 3 years ago

Peter - could you address the VIX this weekend.
thank you!

Confirmed down , shorted, lost covered now supposed to go long ? Mmmmkay

Good evening Peter, So far 4394 in Globex. Looks like a reversal. Japan has reversed after about a 70 pct retrace. Will be interesting if that was it. Bitcoin needs to start down.

Last updated 3 years ago

XXSPOWER127 said:

UNH 510 MARK IT. 06.28. FAST MONEY

⚠️UNH Gave a Downside Target to 403.68 As Long As 488.66 Is Not Touched. UNH did a .618 retracement & is rolling over. ~Dorothy

Last updated 3 years ago

Peter and bears still looking for 10-20% correction…not surprised. 🥱

Squeeze these bears and we go to ATH and when Peter and Fast finally turn bullish, we go down 10-20%

Big Picture I’m bearish and short term I am Long—but not for very much longer. ~Dorothy

Peter, In next update given your SPX Log Chart Resistance Line Is a Up Sloping Line— Please give us where it comes in for July 7, 10 & 11th. Thanks, ~Dorothy

Bingo! AAPL 190 it's final minute 5th,and CAT is up

Japan has topped. We have a 5 down in the ES and now in a W2 bounce and the Dow is finishing it's C up for a top.

The Dow has done a flat. CAT has fulfilled it's W2 and AAPL hit 189.98 waiting for the reversal down. Peter I don't know of any system except W.D. Gann and Benner that worked with such precision.

AAPL hit 190.07 in the cash done? NDX down is a big tell that a W2 top is being made here IMHO.

AAPL has a head on it that only a mother or short seller could love. Needs to break 188

The Dow,SPX cash,AAPL all making tops here and Bitcoin heading lower. That's exactly what needs to happen for the bearish case. Japan will be in a Supercycle C wave down.

They could loop it again especially if Bitcoin rallies.

fast3777 said:

They could loop it again especially if Bitcoin rallies.

so, you're saying there's a chance?