Issue 1,786 – Copyright, 2024, by Wyckoff AM Trader
From yesterday: Good morning. Today is SERIES S1L with the spill odds up.
The market opens gap down just at S2. There is no bid. A lot of pundits are blaming the decline on Kennedy as Trump let's him go wild. I just love watching these highly paid 10 million dollar suits talk out of both sides of their mouth. It's like watching rats on a sinking ship. If we are going to fix these problems we can not approach our problems thinking the same way as we created them. I didn't say that but Einstein did.
Science wants you to believe that two men can have a Babby but they cannot believe that humanity is NOT alone in this great big universe. (400,000)
The next big leap in technology is not chemical/bio/electrical it's consciouses. We got to expand our consciousness to get to the next level of achievement.
Looking at the day Friday the day trades more as a S1L day. Price just drifted down all day. You can see as the first 20 minutes price holds in a tight trading range and then just gives it up. It was a gap down day. Price was looking for direction and found it. The path of least resistance was to the down side.
The day was Series one day so it's odds and probabilities all day. It was a sell rallies all day. There was really not a place to get long or a place to get short. More as a in pocked day. No real lean.
PROSE and THE NUMBAHS
Good morning. Today is SERIES S4H NORMAL with the spill down.
News: Housing Market Index & Austan Goolsbee Speaks at 10:00, 3-Month Bill Auction at & 6-Month Bill Auction at 11:30, Treasury International Capital at 4:00. All times EST.
Cycle Bias / Tone: It looks like price it going to drift back down and find a bid. We all want to pin it on a Friday. Perhaps more drift down today.
Three doors: Normal, Wedge Zoom Link Stink
Last Nite: Price has been offered down from 6020 to 6000, Overnight price drifted down to 5880 handle.
Honing (turns): Spill down, AM HIGH, MID AM LOW, lunch high, mid pm low, LAST HOUR HIGH.
DAILY 5906.25
R2 5971.25
R1 5935.75
S1 5870.75
S2 5841.25
WEEK 5943.25
11/18/24 ESZ2024
Open 5936.75
Hod 09:32 5941.75
Lod 13:59 5876.75
Settle 5900.25
Volume 1,523,008
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: November 15 Beaver Moon 4:29 p.m. Winter Equinox December 21 4:21 a.m. (all times Est)
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