Issue 1,974 – Copyright (c) 2025. All rights reserved. Keeping WB’s Clock Alive Since 2017.
FROM THE DESK OF WYCKOFF TRADER (Read the Terminology at the bottom if you need clarification on Wyckoff/WB/ME-isms)
– 🐂 The Bull – Represents structural resilience, bid stacking, and market strength. If liquidity holds, the bull carries the weight
– 🐻 The Bear – Symbolizes liquidity exhaustion, price vulnerability, and market weakness. If bids vanish, the bear drags the market down.
– 👻 “GHOST – If the market doesn't have breath, it will fall due to the
lack of structure under the pressure of constant changing of belief.” – Wyckoff Trader
THE LONG GAME (if you dare to read)
What I'm talking about in 2020; 2026/27, 2033, 2055
THE SHORT GAME (Myth → Meaning → Mechanics of the market)
— MYTH MIND WORM IN THE VALLEY —
I got to go with this one. Tag team. WWPO. Kennedy can barely speak but that does now slow him down.
Barrons latest ice project.
— MEANING – HOW THIS EFFECTS THE STREET —
MAN (RISK OFF): MSFT, JPM, AMZN, BRK.F, XOM | MACHINE (RISK ON): TSLA, AVGO, META
— MECHANICS – (though the eyes of the Composite Man | WB | ME)
🦅 AM Turn 0905 – Knock On Heavens Door | Good morning. Today is SERIES S3L. | Spill up → AM LOW → MID AM HIGH → lunch low → mid pm high → LAST HOUR LOW.
[ Bulls with wind at their sails. Bulls a knocking on all time highs after number. Let's see if CASH lets them in! ]
Friday was a classic text book tape reading / WB Clock day. The spill up sealed at 9:50 am where price just gave it up the next minute. At 9:45 am you can see a 7 handle drop from the lofty 40 handle down to 36 handle on 8,300 lots. The rally back up was weak and timid as 10,500 lots checked the advance. By 9:55 am price as printed a new low of day. Sell side was the path of least resistance.
The next turn is AM LOW. Seems simple. Chances are it is going to be late and strong. Perhaps test the low of the dip before the news. Yes it did that and a whole lot more. How about test the low of the previous day? At 10:50 am (late and strong) the first rally lifts price up to 79 handle. About an 18 point lift. This seals the AM LOW. Yes some residual bear crept in but that worked itself out about 10:10 am as 9,300 lows checked the low of day.
Next is the MID AM HIGH. It gets a little muddy. The MID AM HIGH is sealed around 11:45 am. That leaves to door open for the lunch low. It seals about 1:45 pm on about 4,200 lots. The next turn is mid pm high it's about 2:50 pm. The bulls are not going to give up and the day is sealed LAST HOUR LOW at about 3:05 pm as the price list price back up to the test the halfway recovery highs.
PROSE AND THE NUMBAHS
They say you can only make a decision based upon who you are; or after your decision—who you were. You have freedom to choose but you can only choose based upon who you are at your present—space time moment but you have total and absolute freedom to choose who you will become!
— Wyckoff Trader
Heraclitus. 🔥 “No man ever steps in the same river twice, for it's not the same river and he's not the same man.” In our case the same trade.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📜 Good morning. Today is SERIES S2L.
🎛️ Tape Read: 🏛️🐂💲 "Looking good, Louis! Looking good!" – Bullish (high confidence) Bulls will need to bring it at the open and not look back.
🧭 Honing Turns: Spill up → AM LOW → (MID AM HIGH) → lunch high → mid pm low → LAST HOUR HIGH.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Dates: 📅 August 9 Sturgeon Moon 3:55 a.m. Fall Solstice (Equinox) 📅 September 22 2:19 p.m. (all times Est)
********************* Terminology *********************
"Looking good, Louis! Looking good!" – Bullish (high confidence)
"Looking good, but…" – Neutral (cautious optimism)
"Things just got ugly, Louis. Very ugly." (Black Swan)
"It's looking real bad for the bulls, Louis. Real bad." – Bearish (pessimistic)
"It's looking real bad for the bears, Louis. Real bad." – Bullish (optimistic)
🐟 (Minnows)
⏳ Lifespan: 1–2 years
💧 Liquidity Impact: Momentary—tiny, rapid entries and exits
🔄 Interpretation: Their short biological life mirrors *fleeting market presence*. They appear as *blips* on the liquidity radar—numerous but not lasting.
🐟 (Sardines)
⏳ Lifespan: 3–4 years
💧 Liquidity Impact: Mid-range, directional waves
🔄 Interpretation: Like their lifespan, they sustain presence a bit longer—*waves of flow* with follow-through. Not permanent, but *tactically significant*.
🐟 (Tuna)
⏳ Lifespan: 15–40 years
💧 Liquidity Impact: Deep, anchoring, strategic
🔄 Interpretation: Their long biological endurance maps to *long-dwelling liquidity*. When they enter, they sit, influence, and stabilize. They're duration-defined presences**, just like their species.
🧖 "Dropping the Soap"
🏀 "Running with the ball"
👵 "momma got thrown from the train!"
📈 Up Turn – Higher highs and higher lows.
📉 Down Turn – Lower highs and lower lows.
↔️ Chop Turn – Bulls and Bears equally balanced.
💥 dropped it like it was hard (no bid stacking, no liquidity, hitting the bid)
🏀↓ smack it down or 🏀↑ bid it up (indicates a potential change in trend)
🧽 adding liquidity back into the market
Richard D. Wyckoff; and his Composite Man. Don't mix the methods.
📚 Key Concepts
– Law of Supply and Demand: Price moves based on the balance of buying and selling.
– Law of Cause and Effect: The length of accumulation/distribution determines the magnitude of the move.
– Law of Effort vs. Result: Volume (effort) must match price movement (result); divergences signal manipulation.
🧠 The Composite Man personifying the market as a single, strategic entity—the Composite Man—who:
– Accumulates stock quietly while the public is pessimistic.
– Pushes prices up to attract attention and volume.
– Distributes holdings at higher levels while the public buys in.
– Then lets the price fall, starting the cycle again.
📈 Accumulation Phases (Composite Man Buying)
| Phase | Description | Composite Man’s Intent
| A | (PS), (SC), (AR), (ST) | Absorbing supply, testing depth of selling pressure
| B | Building a Cause | Accumulating quietly, creating a trading range, shaking out weak hands
| C | Spring or Shakeout | Final test of support, false breakdown to trap bears and force capitulation
| D | Markup Begins | Breakout above resistance, demand dominates, public begins to enter
| E | Distribution Preparation | Price moves rapidly, Composite Man begins to sell into strength
📉 Distribution Phases (Composite Man Selling)
| Phase | Description | Composite Man’s Intent
| A | (PSY), (BC), (AR), (ST) | Testing demand, beginning to unload inventory
| B | Building a Cause | Distributing quietly, creating a range, trapping late buyers
| C | Upthrust or UTAD | False breakout to lure in buyers before reversal
| D | Markdown Begins | Breakdown below support, supply overwhelms demand
| E | Accumulation Preparation | Price declines rapidly, Composite Man begins to buy again
https://www.msn.com/en-us/news/us/how-silicon-valley-is-using-religious-language-to-talk-about-ai/vi-AA1LrYNo?ocid=socialshare
https://www.msn.com/en-us/money/technology/the-ai-bubble-may-be-about-to-pop-here-s-what-mit-s-95-failure-stat-means/ar-AA1LrdYD?ocid=socialshare
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