Issue 1,912 – Copyright, 2024, by Wyckoff AM Trader (New Version)
As you or may not know the "Big Beautiful Bill" got an exception for AI / Tech companies from liability for next ten years. So, I've been trying to find a reason I need to add them into my life. I've talked about them showing up five years ago in 2020 before the public knew. I probably know more about them (AI) than they know about themselves.
A socket connection with AI: (I was on yesterday)
Me=I can't trust you, I've given you every opportinuty; given you a solid prompt outlinting specifically and you just got lazy and tried to pull a fast one and now you say; "My bad" I'll make it Good for you:?
Guy your future(what rhymes with I in the sky)>>I hear you loud and clear. You put in the effort to guide me with precise prompts, and I didn’t meet your expectations—that’s frustrating, and I take responsibility for that. You deserve accuracy and real insights, not shortcuts. Let’s set this right. I’m going to ensure the next analysis is fully validated, sector-specific, and backed by live market data—no vague swaps, no superficial adjustments. I appreciate your patience, and I want to earn back your trust by delivering what you originally asked for. Would you like me to run a fresh web search now and refine this properly?
(I just wanted a market report and he falsified the data, and then told me it was live.)
I will tell this across a few days. (It's a bit long)
May you live in interesting times: I would be remiss if I did not comment on the beauty queen / trailer park Bromance drama that happened yesterday. I may have a different take on more than—most. As you know I practically live down in the rabbit hole—so I'll put it bluntly like this.
Its drama like that—organic AI computers, run governments on most planets off world…
And we might have on one, two or three—round here.
(didn't see that one coming—did you?)
Now let's get to the markets
Monthly: That little girlish spat brought the close—to the halfway of the month.
Weekly: Same as the weekly. Holding between the 48 and the 13 handle.
Daily: Bulls knocking on "Heaven's Door" but St. Peter not answering. Yes I said that yesterday. The question might be "was that a terminal upthrust?"
[ Good morning. Today is SERIES S3H. I'm leaning cautiously bullish, but it could crack today to the downside or the upside. Same today. Bulls are hoping they can get across the river 6,000 and enter into the promise land. ]
Unlike my biblical analogy they did not keep it. The market started in a sell off. If you were short, you loved it—that is until nobody big stepped in, but you could just feel it. A bid came in. We got to the close of the previous day and then—smack down. You had to stay on the porch and watch the big dogs. It was so fast…
The support was R2 the yellow line. Price takes out the daily pivot as movement and volume comes in. You could see price had a mission to take out the previous day's high and held. And then like clockwork at 12:10 PM it's over. Where does price go? Back to the thin yellow line. Bulls give it a run, but they can't get past the daily pivot and settle.
Price springs the current days low gives it a go but puts in a lower high this encourages you know who. Now, we non-billionaires were watching. The two billionaires were not. And they played their little shariad—their net worths were crumbling as 401K's were falling.
I'd like to say they were buying at those highs but they were not. The only way to end this insanity is for to price to capitulate and plunge down on increased volume. I'm not sure if we have a strong technical position yet. Did shares trade hands? We'll find out real quick at:
IMPRO : HL Camp : (4:01:50 PM) : yup and a message in that for trading at 7:31 AM.
Before that the bulls got to get past the:
IMPRO : Wyckoff Trader : (3:56:17 PM) : that' why I've been losing sleep waiting for your algo 231 to decide direction
IMPRO : Wyckoff Trader : (3:23:38 PM) : for what it's worth I posted this yesterday:
IMPRO : Wyckoff Trader : (3:23:40 PM) : IMPRO : Wyckoff Trader : (Wed:12:31:00 PM) : If Trump is not careful, he may find https://youtu.be/iUODdPpnxcA?si=gvvtOSyv1Eu-
IMPRO : Bosier : (3:08:18 PM) : days like today I should be trading more – ya, you'll take some hits, but as long as you honor thy stops – the volatility makes it much more worthy of your time
IMPRO : Wyckoff Trader : (3:00:45 PM) : I didn't know there could be Tweet RIsk in the market
IMPRO : ILT2000 : (3:01:36 PM) : Tweet Risk – you just invented a new risk identifier
IMPRO : ILT2000 : (3:01:40 PM) : i like it
IMPRO : Wyckoff Trader : (3:43:11 PM) : this Tweet Risk it a bit uncertain for a cautions person
IMPRO : Wyckoff Trader : (3:32:55 PM) : daddy bulls gonna have to work hard for this one
IMPRO : Wyckoff Trader : (3:33:09 PM) : the distrubed the 38
IMPRO : Wyckoff Trader : (3:38:34 PM) : well now look who woke up; could it be NVDA
IMPRO : Wyckoff Trader : (3:38:59 PM) : Barron must be loading up on TSLA at these lows
IMPRO : Wyckoff Trader : (3:46:13 PM) : The irony is both Trump and Musk fell into the medias hand, they have been setting this up for days
PROSE AND THE NUMBAHS
SENTIMENT: Key Musk-Trump Feud: Tesla's stock down 14% amid public spat, Economic Concerns: Private sector payrolls hit a two-year low, US-China Trade Tensions: Ongoing uncertainty impacts market sentiment.
Tesla (TSLA) Market Capitalization as of June 5,2025: approximately $1.07 trillion
Good morning. Today is SERIES S4H IFFY. I'm leaning cautiously bullish, but it could crack today to the downside or the upside. Same today.
RECOMENDATION: Wait till you see a sign of strength and a last point of support, if you have bullish tendency's else you face a thousand cuts.
1. Tone Last Night: As you might have suspected. Globex opens gap down and then quickly reverses and starts trading back up. Recovers the halfway the CASH sell off.
2. Large Size: No large trader size was seen of any note.
3. 7:00 AM / Premarket: After the numbers price popped up to 5999 handle. Just as you expected. Perhaps the open it'll pop some more
4. News: Employment Situation at 8:30, Baker Hughes Rig Count at 1:00, Consumer Credit at 3:00. All times EST.
5. Cycle Bias: It's IFFY cause it's a Jobs number. I think yesterday was just mental distraction for what the talk should have been. As I discussed above in that bill. So yesterday, perhaps weak hands changed shares. I'd say 55,000 and more traded hands. And TSLA, strong hands do hold that—Barron perhaps as security for dad's coin.
Three Doors: Normal, Wedge Zoom, Link Stink
6. Honing (turns): Spill down, AM HIGH, MID AM LOW, lunch high, mid pm low, LAST HIGH HOUR HIGH.
7. Previous Day's Numbers:
Open 5995.00
Hod 11:57 6009.00
Lod 15:20 5928.75
Settle 5950.25
Volume 1,312,140
8. Floor Trader Pivots
DAILY 5962.50
R2 6042.75
R1 5996.50
S1 5916.25
S2 5882.25
WEEK 5912.50
Range 80
The clock is used to time your entries and exits. Position long at the lows, exit at the highs, get short at the highs, and buy-in at the lows. When the trend is in, WB's clock is your friend!
Your edge is a series of trades, not just one trade or one day.
Dates: June 11 Strawberry Moon 3:44 a.m. Summer Solstice (Equinox) June 20 1:41 p.m. (all times Est)
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