Issue 1,778 – Copyright, 2024, by Wyckoff AM Trader
Yesterday's Recap: Good morning. Today is SERIES S3H with the spill down.
Well the market has voted. The Vegas odds makers have voted. Now, we just need the peoples people vote to count.
The day was S3H Series day. AM HIGH sealed late and strong at 10:45 am. That puts the MID AM LOW just over 11:05 early and weak. The lunch high at 15:55 pm. And the mid pm low at 2:55 pm late and strong with the bears struggle to no drop the soap.
BY the LAST HOUR HIGH, it was all over for the bears as the bulls got possession of the ball and took it to the hole.
Over nigh Globex bulls have taken it just under bid even 5900 handle. Go figure. This day is played the same every four years…
IMPRO: DAMIAN197 :(12:15:02 AM) : prepare for higher inflation, as Trump wins by raising tariffs on the EU and China, and the Fed raises interest rates, and the indices fall sharply after a temporary pump and the accumulation of short-term debt is even greater
IMPRO: Wyckoff Trader :(1:33:06 AM) : 1:23 EST Decision HQ call it for Trump
IMPRO: DAMIAN197 :(1:33:41 AM) : after the momentary euphoria there will come a stage of commodity war and playing for higher and higher inflation and strong declines, you just have to wait
IMPRO: Wyckoff Trader :(1:38:07 AM) : Price just took out the Globex high
IMPRO: Wyckoff Trader :(2:51:07 AM) : 5929.75 handle all time high make America affordable again
PROSE and THE NUMBAHS
Good morning. Today is SERIES S4L IFFY with the spill up.
PMI Composite Final 9:45, EIA Petroleum Status Report at 10:30, Treasury Buyback Announcement at 11:00, 4-Month Bill Auction at 11:30, 30-Yr Bond Auction at 1:00, Treasury Buyback Results at 2:00. All times EST.
Cycle Bias / Tone: I have no choice but be bullish. Vegas odds, man on street and signs of the street seem to be leaning to a red wave for today. With that stated, you never how it's going to turn out. Said that yesterday.
AND tonight, the same. Not sure if a water pipe broke. The Monkey bread will have to wait…
Last Nite: Price did what it was expect to do. The Trump trade ruled. Lifted offers on little to light volume. I'm staying IFFY due to that bearish behavior of price,
Honing (turns): Spill up, AM LOW, MID AM HIGH, lunch low, mid pm high, LAST HOUR LOW.
Yea, we ate the monkey this morning at 3:33 AM. TRUMP WON!!!
11/06/24 ESZ2024
DAILY 5793.67
R2 5882.42
R1 5852.33
S1 5763.58
S2 5704.92
WEEK 5766.25
11/05/24 ESZ2024
Open 5760.75
Hod 10:31 5823.75
Lod 15:55 5735.00
Settle 5822.25
Volume 1,135,983
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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