Issue 1,819 – Copyright, 2024, by Wyckoff AM Trader
Yesterday: Good morning. Today is SERIES S4H NORMAL with the spill odds down.
Perhaps we nailed it Monday. Today will determine if we get the KEWPIE DOLL!
At the open, the buy sign was clearly on for the first 5 minutes. Sure Globex took price down below Friday's close. And sure. It was a spring. The spill down clearly sealed at 9:40 AM. Buyers came in and took price up to the AM HIGH seal at 10:50 AM. The clock is looking good. The next turn is MID AM LOW. The seal is 11:50 AM as price tries to wetbeak the current intraday low.
Next is the SLOG. Bulls drive price up to the lunch high up to 1:50 PM. Mid am low at 2:10 PM. With the LAST HOUR HIGH at closing print.
When the trend it in WB's clock is your friend!
PROSE and THE NUMBAHS
Good morning. Today is SERIES S1H with the spill down.
1. Last Night: After coming off the low at the CASH open, GLOBEX takes price higher. A small dip back and how price is checked at the big even just before the CASH open.
2. Large Size: Most of the size came in on the news taking price higher.
3. 7:00 AM / Premarket: After the news price poped up about 25 handles. Let's see where CASH taked price.
4. Todays News: PPI-Final Demand at 8:30, Jeffrey Schmid Speaks at 10:00, Treasury Buyback Announcement (Preliminary) & 4-Week Bill Announcement & 8-Week Bill Announcement & 4-Month Bill Announcement at 11:00. All times EST.
5. Cycle Bias / Tone: Most financial reporters are saying buy the dip for the long term. I said that Monday and I'll say that today. Monday, the bid was on. The movers and shaker of the market was moving up. Those that were not found their bid around 12:00 PM the start of the SLOG. After that is was onward and upward till the last print of the close in the LAST HOUR HIGH.
6. Honing (turns): Spill odds down, loupie loop, LAST HOUR ODDS HIGH
7. Previous Day's Numbers:
Open 5817.50
Hod 16:03 5879.50
Lod 09:43 5813.00
Settle 5878.00
Volume 1,405,265
8. Floor Trader Pivots
DAILY 5856.75
R2 5923.25
R1 5900.50
S1 5834.00
S2 5790.25
WEEK 5926.00
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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