SMC Update 7-11-23

Ahhh the famous contra indicator “I’d be very very surprised” (it it goes above the magical trend line). How many times have you said such a thing since October low, maybe more than 20 times, Peter prob doesn’t remember them all. and he stops talking about them like the vix like the line at 4200. 4300 and 4400. This is getting silly. Only reason I keep subscribing to this channel is to see when Peter finally gives up. When he turns bullish I will turn bearish

News doesn’t affect the market folks. Yeah right

Lmaof

/NQ HAS HIGHER PROJECTIONS

LOOK AT WEEKLY THE DOWNSIDE WILL BE INVALIDATED AND 16700 +++ will be next

It's only another 1200 points nothing to Peter ..

DID YOU COUNT 9000 market days from the low? What about when the indexes were abruptly shut down? Like 2001 did u take that in consideration

BUY /YM the projections so much higher on so many time frames. Why do we not talk about this? Why are we looking at a line in the sky?

DIA / QQQ IS STUPID LOOK AT XLK / QQQ

MUCH BETTER AND NOT FROTHY LIKE DOT COM AND MAKES MORE SENSE THAN YOUR ANALYSIS

how about a special , special update?

Special Update

NQ has higher projections

YM LOOK 👀 AT THE PROJECTIONS

WOW !!!

Bitcoin HIGHER PROJECTIONS

A lot of you and specially Peter keep on trying to come up with a way to call a top… it’s been ridiculous. Just look at the projections it’s fucking simple!

kwmurphy2939 said:

9000 market days from the October 20, 1987 low accounts for all days when the market was shut down and not traded, which included presidents funerals, the 4 days the market were closed after 9/11, the 2 days it was closed after hurrican Sandy, etc. Of course I counted them. Today is day 9001. .9003 is an important ratio ((4/3.1416)/1.4142). We don't reverse today, then could easily hold another couple of days. I am watching the Dow to see if it takes out it's June 30 print high. That is important in my work. If you think 9003 is irrelevant, that's fine. There are 9003 x 2 market days from 10/19/1937 to 3/9/2009. We dropped 15% intraday on October 19, 1937, 50 years before the 87 crash. 4487.85 is an important S&P target as well.

LFG !!! we are so close to the " better stop 'em" .786 Fibo retracements. in my calculations: NDX 15410 SPX 4522. Peter will likely say " even though we are above amazing trendline, need few more days OR its only a few % not up that much". Meanwhile another lost 2% ++ and its only Wednesday of this week. Unfortunate, there was no intellectual honesty as we crossed UP through 50, 100, 200 dma months ago. Always " here's a bear candle" " here's a VIX reading seen 2x before" i think we should go back to the VIX , it might be close to exhaustion on way down....? TLT going up also is going to be good trade