Issue 1,779 – Copyright, 2024, by Wyckoff AM Trader
Yesterday's Recap: Good morning. Today is SERIES S4H with the spill up.
The day started with the running of the bulls. The AM HIGH sealed at 10:50 am. Notice the MID AM LOW is sealed early and weak as the 11:10 am marker ticks by. Next turn is lunch high at 12' noon. IT's the slog as trading are waiting on the 2:00 pm news. So, by 2:25 pm the mid pm low is sealed center time. Last hour does not disappoint as the LAST HOUR HIGH is sealed late and strong at 3:55 pm.
Yesterday's trade took price up out of the shelves of supply into new levels. Perhaps, they are looking to keep price up. Perhaps the October surprise is onward and upward. Still cautious until the results of November are known.
PROSE and THE NUMBAHS
Good morning. Today is SERIES S1H with the spill odds down.
Today's News: CPI & Jobless Claims at 8:30, Lisa Cook Speaks at 9:15, EIA Natural Gas Report & Thomas Barkin Speaks at 10:30. All times EST.
Cycle Bias / Tone: Well it looks like I was right price was depressed but now it appears the Composite Man is marketing it up as yesterday's price behavior displayed.
Honing (turns): Spill odds down, loupie loop, LAST HOUR ODDS HIGH.
DAILY 5824.75
R2 5877.50
R1 5856.00
S1 5803.25
S2 5772.00
WEEK 5782.00
R 48.00 S1H 10/10/24 ESZ2024
Open 5799.50
Hod 15:53 5846.50
Lod 09:38 5793.75
Settle 5834.50
Volume 908,774
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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