Video update Tuesday, 06/29/2021 5:56 PM PDT

SMC Update 6-29-21

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Comments (2)

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srblack1960144

5 years ago

Peter, Some TA guys are saying that the NYAD did not hit a new high and that there is now a divergence. Here's an example chart that shows divergence: https://stockcharts.com/h-sc/ui?s=%24NYAD&p=D&yr=0&mn=6&dy=0&id=p70418920376

Also, the SPX daily closing chart has a projection box from 4333 to 4343 with the 7/8 offset. So I'm using that as my target zone for a potential top.

tphillips2020254

5 years ago

Dear Sir, if you think the group might benefit, would you make some comments on AMZN. It seems to me that if it breaks 3400, that it might have an even bigger drop then TSLA

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