SMC update Week Ending 4-22-22 Recorded 4-23-22

Sat, 04/23/2022 Saturday, 04/23/2022 12:36 PM PDT


Comments (3)
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brad.jenson120
brad.jenson120

Thanks, Peter! Very interesting. Happy Orthodox Easter!

RichB
RichB

Peter, you are firing on all 12 cylinders.

bcanary964
bcanary964

Peter, I’m a little confused by the projections, can you clarify? The S&P is close to giving fairly significant downside projections on the 189/194 offset, but because the NDX had already crossed below the continuum a few weeks ago, it’s only giving modest downsides, and the market might bottom this week. Does that mean you wouldn’t trust any further S&P projections to the downside? Thanks.

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