SMC Update 7-7-25
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Comments (4)
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Peter Eliades’ trendline analysis, with its reliance on geometric patterns and time-based Fibonacci retracements, is more theoretical spectacle than practical strategy. It suffers from overfitting, lacks empirical validation, and consistently fails to deliver actionable signals in real-world markets. In the end, it’s a system built more on visual appeal than on statistical substance — elegant in hindsight, unreliable in practice. Simply said: Utter nosense for a future projection!
That reads like an AI response!? True though, as there is NO actionable signals. Showed getting a cross down/sell within .50 cents of low,(very late, unactioinable) only to get a crossup buy 30 mins later....?
Chat GPT Anyone?
LMAO
"much too early to make a judgement with any confidence" about this being a top ? But, you have been doing JUST THAT for , hard to say how long. late 2022, late 2023 , most of 2024? most of 2025? NOW, you are NOT so confident? intellectual honesty, or a point of action, not potential 13,100 days apart points in time
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