SMC Update Week Ending 12-17-21 Recorded 12-18-21
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Comments (8)
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It seem short due to interest of what you covered I especially like the oil Would like to see chart on WTI crude oil Thx
Thanks. Appreciate your hard work in providing detailed examples and how to take things step by step. Above all thank you for the great calls!
We have a significant downside for NDX, but we don't have a downside projection for S & P. Something is not adding up here. It's hard to imagine a scenario that S& P would hold while NDX plummets.
I think it would be useful to evaluate Dow Jones (or YM Futures symbol) alongside S & P in your analysis.
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Thank you Peter. I appreciate the comments on oil, gold and bitcoin.
Thank you Peter - I really appreciate you going over other indexes like USO, BTC ... would love to see IWM or IBB as well! They never feel too long to me.
Thanks so much Peter - I was the one that had requested you take a look at Crude Oil a few days ago, and you actually covered it! So, a big thank you! I had a fairly profitable long position on crude futures and ended up closing it on Friday, in part due to your web app projection for USO that was showing much lower projections. Thank you so much for covering it. Interestingly, a completely separate method I use is also showing this is a possible place to enter a short position on Crude Oil. So, a completely separate technique aligning with your projections as well. Thank You!
Peter, I very much enjoy these long updates. Comparing a number of different charts on different assets helps me gain a better understanding about how they are to be read and acted upon.
Appreciated the long update! thumbs up emoji
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