SMC Update Week Ending 10-21-22 Recorded 10-22-22

Thanks for the update.

StevenTexas said:

I played it three times at 4:43 for the look on Peter's face. LOL! "We'll know in a couple days."

I bet my butt it will.

Long updates = more knowledge. Keep'em coming. You don't need to apologize. Exciting times at critical moments. I feel your passion for the market with every update. Unfortunately still didn't have time to cover BTC, can you please talk about next week? USO bearish stance - wow, you are the only analyst I know calling for a downside heading into the winter. Approaching a decision point yet again of projection vs the current real-world narrative divergence. Would have loved to see the win rate % backing up the contrarian take.

Last updated 4 years ago

Great update Peter - thank you for all of your hard work & guidance! 🙏

I am surprised that these projections didn’t spot this sizeable 5-10% rally in stocks. There was only focus on ~10k NDX. At no time was a rally envisaged. For the nerds I am not saying everything should be 100% prophetic.

Cheers for the update Peter, amazing work as always. As I've heard you discuss astrological events in your commentary sometimes, it's worth nothing there is a New Moon Solar Eclipse on Tuesday 25th October this week. Looking like the stars and the charts are lining up.

Hi Peter. You mention world index. It has been argued they are much cheaper than US. it might be interesting to look at EFA. World minus US and also EEM, emerging markets etfs to see how close to meeting downsides projections. If the dollar tops there could be good upsides on EEM.

Thanks Peter, can you squeeze a look at gold in at some point please...

It will be very interesting when the logarithmic data is in the actual software. If I’m looking at this correctly the percentages could get even better!