Issue 1,804 – Copyright, 2024, by Wyckoff AM Trader
From yesterday: Good morning. Today is SERIES S1H with the spill odds down.
Right day wrong H / L. I'm ok. As the market opened up, they turned on the red sell sign. Bulls had 20 minutes to follow up the rally. The higher it got the more they sold. By 9:43 AM the tiki was bleeding red with -18 as the price started to topple under the weight of the sell orders.
BY 10:00 AM price was back at the open. And 10 minutes later had lost everything including the floor trader daily pivot. You can see at 10:40 AM price just get's overextended as volume comes in to the tune of 14K, 14K, and 10K. A 20 minute rally puts on a good show and tries to recover the previous day's low and close but fails short of the mark.
Then a drift for an hour and twenty-five minutes springs the current intra day low. It's 1:00 PM and the bulls wake up and try again. For the next hour and half it looks like they might take out the current rally high but fail to do so. A drift down and another weak close.
Yes, the day changed to S1L day. Braggin rights. Not really, IT's weekend with holiday trade sneaking in…
Heard in the chat:
IMPRO : ILT2000 : (10:54:28 AM) : this market is like cotton candy – you think you have something in hand but realize it is all fluff….
I upgraded to 18 for phone. Today I send an email. Are you aware your phone reads all you email before you send them?
So, I type, see the attached files in YOUR APP. I hit send, the phone comes back, repeats my email to me and says; you forgot to attach the file…
Now, do we really need AI to help us run our lives? AI asserts itself in places, where really, it's not needed or wanted.
Regarding the flying illegal objects. I've been talking bout it for years: 2026, 2027, 2033, and 2055. A new way of looking at Reality!
Now they are calling for counter laws. Fact is we can't control our airways. We can't control our sky. And we can't' control our seas…
There are two ways to look at this. Humanity can either choose to go the way of the light or the dragon. The light is a sphere. A Merkabah is a mental projection vehicle for conscious or energy. The dragon is the use of technology to do what mentally it's unable to do. If it's got a seam it's from here!
Don't you just love it when you start to see a new ripple working itself through your reality?
Don't take those clear friendly sky's for granted for much too long…
PROSE and THE NUMBAHS
Good morning. Today is SERIES S4H NORMAL with the spill down.
1. Last Night: After Friday's sell off over the weekend, price just drifts back up to the 74 handle.
2. Large Size: I did not see any large size.
3. 7:00 AM / Premarket: Some needle moving to the upside. Looking at potential holiday trade.
4. Todays News: Empire State Manufacturing Index at 8:30, PMI Composite Flash at 9:45, Treasury Buyback Announcement (Preliminary) at 11:00. All times EST.
5. Cycle Bias / Tone: Yesterday brough it all back with today take it up some more. To me it's holiday trade. Traders picking each others pockets in a wide range. I'll say bullish, Friday was bearish, so today? Bullish?
Three Doors: Normal, Wedge Zoom, Link Stink
6. Honing (turns): Spill down, AM HIGH, MID AM LOW, lunch high, mid pm low, LAST HOUR HIGH
7. Previous Day's Numbers:
Open 6077.25
Hod 09:48 6084.75
Lod 13:01 6041.25
Settle 6050.00
Volume 1,012,127
8. Floor Trader Pivots
DAILY 6058.50
R2 6102.00
R1 6076.00
S1 6032.50
S2 6015.00
WEEK 6090.50
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: December 15 Cold Moon 4:02 a.m. Winter Equinox December 21 4:21 a.m. (all times Est)
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