SMC Update Week Ending 11-11-22 Recorded 11-12-22

As always Peter, appreciate your insight into the workings of the cycle projection software. I think a more balanced update between the higher term timeframes on weekend uploads while keener analysis into the short term timeframes (down to 30 and 65m) during the week would hugely benefit myself and some of the other day traders in the group.

Last updated 3 years ago

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

david2651 said:

Lower DXY could easily push market higher for a bit, your upper projections may very likely fall into place as a result, followed by eventual downside once that plays out….just my thought on DXY impact near term

david2651 said:

Lower DXY could easily push market higher for a bit, your upper projections may very likely fall into place as a result, followed by eventual downside once that plays out….just my thought on DXY impact near term

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

Christine I don’t trade MRNA. it looks like it could go a bit higher here possibly 182.35 —but I wouldn’t be surprised it this target wasn’t met. This rally is on light volume typically means move is near exhaustion. Years ago a trader told me when analyzing light volume—think of a roller coaster the closer it gets to the peak it slows down and if not enough momentum to get over top it will fall back down.

Last updated 3 years ago

volfgang said:

As always Peter, appreciate your insight into the workings of the cycle projection software. I think a more balanced update between the higher term timeframes on weekend uploads while keener analysis into the short term timeframes (down to 30 and 65m) during the week would hugely benefit myself and some of the other day traders in the group.

Spot on!

dcarter8883312 said:

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

david2651 said:

Lower DXY could easily push market higher for a bit, your upper projections may very likely fall into place as a result, followed by eventual downside once that plays out….just my thought on DXY impact near term

david2651 said:

Lower DXY could easily push market higher for a bit, your upper projections may very likely fall into place as a result, followed by eventual downside once that plays out….just my thought on DXY impact near term

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

dumbchristine3486 said:

dcarter8883312 said:

I have no interest being the hall monitor— But let’s stick to market comments— Not name calling & Ad hominem attacks. 🙃🙂📈📉

yes thx u. Take a look at the one year chart for MRNA; look closely at the surges during the year. March, Aug and Now. Similar pattern to s and P. Nice trend line. 4040 near top. Wont' be surprised to see 3400-3300 soon. 1 -2 month

Christine I don’t trade MRNA. it looks like it could go a bit higher here possibly 182.35 —but I wouldn’t be surprised it this target wasn’t met. This rally is on light volume typically means move is near exhaustion. Years ago a trader told me when analyzing light volume—think of a roller coaster the closer it gets to the peak it slows down and if not enough momentum to get over top it will fall back down.

Yest i agree with you; i pointed it out because i use pattern reco forsome of my work. I dont think we get 182 just more in the area. the surges and tops this year are aligned very nicely with s and p. ithink top is almost in. I think same for s and P. 4050 would be my highest target

When he says 48.4 offset, is he talking weeks?

so is the top in. like i said before we may have seen the top today; if we gap down tomorrow past 3970 and then dart below 3930 ithink that's it basta. otherwise we may have a little more top to work off. Let's see. Peter last video is good becasue it's simialr to the august top. Look at the patterns for the year; MRNA and s and P etc. telling.

daniel039209 said:

Nothing is the same but there was a very negative, bearish bias from March 2021 as the market climbed almost non stop. i think we are definitely in a bear market, whereas March 2021 we were in a bull market.

He was bearish from March 21???!!! 🤷🏻‍♂️🤦‍♂️