SMC Update Week Ending 7-16-21 Recorded 7-17-21
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Comments (4)
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A constructive event from last week- On the daily $INDU chart (medianPrice), the outstanding upside projection was invalidated on the 3 1/2--4 chart.
Peter thanks for sharing that you took a short position. Even though that was not investment advice it made me feel confident enough to go short as well. I’ve made enough money in the last two days to pay for your software for years. Thank you 🙏
No, Kit, those are lines that go back to the original work JM Hurst did on cycle price projections. I used his work and refined it to suit my use and purposes...but the lines have remained constant over several decades!!
That's music to my ears, dr... thanks for sharing that info!
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