Issue 1,776 – Copyright, 2024, by Wyckoff AM Trader
Yesterday's Recap: Good morning. Today is SERIES S3L with the spill up. The AM LOW came in center time at 10:30 am. That set the low of the day. You can see a secondary test around 11:30 am with a slightly higher high. From there the bulls gain the upper hand. Price starts to grind up. BY 1:30 pm the bulls rally gets check as the previous day's high is held. A drift down to just about 2:30 pm holds and bid as the guys in the know start to take the market higher. You can see price closes strong at R2 is printed.
PROSE and THE NUMBAHS
Good morning. Today is SERIES S2L Normal with the spill up.
Today's News: No news of note. All times EST.
Cycle Bias / Tone: The Composite Man seems to be depressing price keeping it low as the supports hold.
Honing (turns): Spill up, AM LOW, (NO MID AM), lunch high, mid pm low, LAST HOUR HIGH.
Now that the month is up and running let's see where price wants to trade this week.
DAILY 5784.75
R2 5840.00
R1 5820.00
S1 5764.75
S2 5729.50
WEEK 5782.00
M 55.00 S2L 10/07/24 ESZ2024
Open 5793.50
Hod 15:58 5804.75
Lod 10:32 5749.50
Settle 5800.00
Volume 1,102,227
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: September 17 Harvest Moon 10:34 p.m. Fall Equinox September 22 8:43 am (all times Est)
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