Issue 1,825 – Copyright, 2024, by Wyckoff AM Trader
Yesterday: Good morning. Today is SERIES S2L IFFY with the spill up.
WOW yesterday was almost a repeat of the previous day almost tick for tick. It was a perfect S2L day and I think we may have nailed the KEWPIE DOLL!
I'm often amazed, is it just pattern recognition. Putting patterns up and seeing if they can match. The human look for resolution. Perhaps but I will say when the trend is in WB's clock is your friend! Let's talk turns.
AM LOW center time 10:30 AM. This sets up the day. IT's S2L no MID AM turns. So next turn is lunch high. What this means bulls have more time to get up and go. And then do. Lunch high seals at 1:30 PM center time. Are you starting to see a pattern here?
10:30 AM to 1:30 PM is three (3) hours.
Next turn is mid pm low. As WB would say "Dog Leg". Bears got to do something. So how long in time do you think they do it?
How about center time of the next turn. And when is center time 2:30 PM. Sixty minutes. The mid pm seal is 60 minutes. Next is LAST HOUR HIGH.
And when might that seal on a strong trend day? Last hour closing print LAST HOUR HIGH SEAL.
Now look at the volume. Low really low 800K or so. It's a grind up.
Gap and go / Gap and crap. That was no crap…
Now, everyone seems to be piling on with Trump and starts to become a crowded trade…
Listen for the statement 240,000 miles and 2/3 of the way to the moon every five years.
I could say it but you can just listen to it better. Energy required for Data Centers. I've been talking about this since 2020 it's just not going to stop. If your a LUDITE you are not alone. If you are looking for change you are in the right place. Might I suggest 2026/2027, 2033, and 2055 for starters?
PROSE and THE NUMBAHS
Good morning. Today is SERIES S3L IFFY with the spill up.
1. Last Night: Globex tried to get over thier skies and failed.
2. Large Size: No large size to note.
3. 7:00 AM / Premarket: Nothing really has moved the needle. Price is just coming back in.
4. Todays News: PMI Composite Flash at 9:45, Existing Home Sales & Consumer Sentiment at 10:00 AM ET. All times EST.
5. Cycle Bias / Tone: I'm still bullish. At least for now. I can't really see a reason the sky is falling. I'm going to double down on the Trump effect. My concern is that we hold the gains. Volume yesterday was light. Perhaps a slight pullback. That was yesterday. Today that pull back may be more potential. Volume was weak 800K and it's a S3L day. Will need to hold gains from past two days.
Who want's to go home on a Friday? Started to trade back into the range of last Dec 24 distribution.
6. Honing (turns): Spill up, AM LOW, MID AM HIGH, lunch low, mid pm high, LAST HOUR LOW
7. Previous Day's Numbers:
Open 6113.50
Hod 16:00 6154.00
Lod 09:34 6111.25
Settle 6149.25
Volume 888,492
8. Floor Trader Pivots
DAILY 6138.00
R2 6180.75
R1 6165.00
S1 6122.25
S2 6095.25
WEEK 5982.75
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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