Issue 1,788 – Copyright, 2024, by Wyckoff AM Trader
From yesterday: Good morning. Today is SERIES S1H with the spill odds down.
Well sometimes you get it. So glad the bulls agreed with my assessment. It's never a given. It's odds and probabilities.
Price starts out at the low of the previous day. Some say the saber ratting added to the range. Either way by 10:30 am price starts to lift. Volume increases. It's a good day to be a bull. BY 1:30 pm price has taking out the high of the previous day. Sure, some selling comes in and checks the highs.
PROSE and THE NUMBAHS
Good morning. Today is SERIES S2L with the spill up.
News: Michael Barr Speaks & Atlanta Fed Business Inflation Expectations at 10:00, EIA Petroleum Status Report at 10:30, Treasury Buyback Announcement & Lisa Cook Speaks at 11:00, 4-Month Bill Auction at 11:30, Michelle Bowman Speaks at 12:15, Baker Hughes Rig Count & 20-Yr Bond Auction at 1:00, Treasury Buyback Results at 2:00, Susan Collins Speaks at 4:00. All times EST.
Cycle Bias / Tone: Based upon the price action of the CASH and GLOBEX I'm leaning bullish.
Last Nite: Price is dancing around the highs of the previous day high like an angel on the edge of a pin.
Honing (turns): Spill up, AM LOW, (NO MID AM), lunch high, mid pm low, LAST HOUR HIGH.
DAILY 5922.25
R2 5993.50
R1 5968.25
S1 5897.00
S2 5851.00
WEEK 5851.00
11/20/24 ESZ2024
Open 5883.75
Hod 13:58 5947.50
Lod 09:52 5876.25
Settle 5943.00
Volume 1,147,913
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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