AM TURN — Morning Note
Session: March 13, 2026
KEY LEVEL (from yesterday's tape)
6708 @ 14:16
OVERNIGHT CONTEXT (from yesterday's tape)
Overnight auction rotated between 6671 @ 20:02 and 6711 @ 21:10 with 6700 @ 21:54 acting as balance. Now trading at the 6707 KEY LEVEL
SERIES / DAY TYPE
S4H — expansion potential if 6708 accepts; rotation if rejected.
spill down, AM HIGH, MID AM LOW, lunch high, mid pm low, LAST HOUR HIGH
MARKET BIAS (from yesterday's tape)
Bias leans higher while trade holds above 6685 @ 11:14 and 6685 @ 15:05; sellers only gain advantage with a sustained break and build below 6674 @ 16:00; until then, treat bias as buy-the-dip.
OPENING PLAYBOOK (from yesterday's tape)
At tomorrow's open, the auction presents three structurally valid paths: a downside test and reclaim into 6685 @ 15:05 that rotates back through control pivot 6708 @ 14:16 if buyers defend the band and reassert possession; an upside probe and failure into rotation cap 6729 @ 12:21 that rejects below expansion high 6731 @ 9:39 and rotates lower toward control pivot 6708 @ 14:16 and downside band 6685 @ 15:05 if sellers maintain control of the rotation cap; or a balance open inside balance range 6693 @ 12:10 that holds rotational behavior until either downside break level 6685 @ 15:05 breaks to activate downside continuation or upside break level 6729 @ 12:21 breaks to activate upside expansion.
HONING (from yesterday's tape)
Valid behaviors: enter with buyers on reclaim of 6708 @ 14:16 while sellers lose momentum below it; fade into 6729 @ 12:21 if buyers lack momentum and sellers retain possession; stand down while price oscillates around 6685 @ 15:05 without clear possession or momentum shift.
UNDERCURRENT (from yesterday's tape)
Undercurrent is sellers because 6674 @ 16:00; buyer pressure is emerging as 6708 @ 14:16 acts as a structural magnet; no confirmed transition until 6729 @ 12:21 breaks with acceptance.
MOMENTUM (from yesterday's tape)
Momentum turns on with 6703 @ 9:47, drives 6697 @ 9:56, absorbs 6727 @ 10:15, reasserts into 6685 @ 11:14, and resolves into 6674 @ 16:00; net effect: sellers in control.
VOLATILITY (from yesterday's tape)
Volatility is moderate inside the 6671 @ 20:02-6731 @ 9:39 range, with two-sided rotation defining the intraday action and expansion risk only if 6731 @ 9:39 or breakdown risk only if 6671 @ 20:02.
TREND CONTEXT (from yesterday's tape)
Trend structure is down because 6674 @ 16:00; possession shifts toward sellers as 6708 @ 14:16 is tested; alignment holds only while 6685 @ 11:14 and 6685 @ 15:05 remains defended.
KEY LEVELS TO WATCH (from yesterday's tape)
6708 @ 14:16 control pivot because it governed the back-half rotations
6685 @ 11:14 intraday support because repeated tests held before late-day
6731 @ 9:39 expansion high because it capped the early upside impulse
6671 @ 20:02 overnight floor because it defines the lower bound of the active range
6729 @ 12:21 rotation cap because it marks the midday rejection point.
TURN MAP (from yesterday's tape)
The day opened with a buyer auction lifting from 6729 at 9:30 into 6731 at 9:39 before turning into a seller auction that slid into 6703 at 9:47 and 6697 at 9:56. Buyers returned with a buyer auction into 6727 at 10:15, followed by a seller auction that worked down through 6694 at 10:42 and into 6685 at 11:14. Midday brought a buyer auction from 6718 at 11:45 through 6715 at 12:05 and up to 6729 at 12:21 before fading into a seller auction at 6689 at 13:55. A later buyer auction carried into 6708 at 14:16, and the session ended with a seller auction pressing into 6685 at 15:05 and closing at 6674.
TRADING NOTES (from yesterday's tape)
Sellers remain dominant because 6674 @ 16:00; upside requires acceptance above 6708 @ 14:16; repeated tests of 6685 @ 15:05 signal breakdown risk.
SUBSCRIBER ACCESS
If this does not meet: Clarity · Capability · Usability · Completeness. Let us know.
REFERRAL
Know a trader who would benefit from the AM TURN — Morning Note. Share the website link with them.
–Wyckoff Trader
Educational commentary only. Not investment advice.
(c) 2026 Wyckoff Trader — Natural Law Translator, Operator — All rights reserved.
Comments are closed