Issue 1,834 – Copyright, 2024, by Wyckoff AM Trader
Yesterday: Good morning. Today is SERIES S3L with the spill down.
No pull back but hay, nothing but net. Well their was a pull back. The AM LOW.
Spill up sealed in 10 minutes at 9:40 AM. The AM LOW seal was early and weak. About 10:05 AM. That is telling you a whole lot. The bears had the opportunity to drive price down but failed to do so. MID AM HIGH sealed at 11:55 AM. What could be better?
You might want to look to around 12:11 PM to see what happens.
Price drift back down to play with previous day range and gives it up as the lunch low is sealed at 1:30 PM center time. Aren't you just loving it?
When the trend is in WB's clock is your friend!
It's the SLOG. Price grinds up till 2:10 PM as volume enters in and seals the mid pm high. I should be the high of day but at 3:30 PM price gets a bid and seals the LAST HOUR LOW as price lifts the offer up and through the close.
I said this earlier:
So Trump is going to Monetize the American assets? Just gets better and better. I can see many ways that can go. Adds a new handle on to the negotiating. To start understanding this market better, we have to look at it as the "Art of the Deal" 2025 Edition.
What I'm saying is for some reason no other talking head has seen – we seem to be leaning in the venachalior of China. Deep seak phrases are creaping into the tech topology. Even Trump said it; "if we don't do it China will!" In a speech a few weeks ago.
Now they are saying 20 data centers in 4 years (watch that video) Why do we need them and where will they be?
It's China Socialism with a capitalist flip!
Perhaps this will help him hedge off his risk in the boondockle…
I've been talking about that and I will be the first to say: "If Trump is not careful. If Trump is out Trumped by billionaire boys club, he will be building a highway / bridge to nowhere. It might be called Trumps boondockle. If you just do the math you will see a potential 300 data centers could be built. That is if we could get the capacity for the KW/Giga Terra Watts to the concrete buildings.
(see the videos and math from the previous weeks)
All I can say is someone in the know . . . knew!
PROSE and THE NUMBAHS
Good morning. Today is SERIES S4H with the spill down.
1. Last Night: After a strong hard close up, Globex has grinded up higher. And now as expected Globex has a high of 6105 handle. This could be the high from which the day looks towards
2. Large Size: No large size of note.
3. 7:00 AM / Premarket: Currently it's a little before pre market I'm not seeing any real movement.
4. Todays News: Jobless Claims & Productivity and Costs at 8:30, EIA Natural Gas Report at 10:30. All times EST.
5. Cycle Bias / Tone: We got the retreat to the AM LOW then price started lifting offers all the way up to the close. (yesterday)
Today three doors: Normal, Wedge Zoom, Link Stink. Unless bulls come in strong the GLOBEX high could be the high of the day or the target for the Wedge Zoom in the AM or PM to seek. One day or the other it will get breached.
6. Honing (turns): Spill down, AM HIGH, MID AM LOW, lunch high, mid pm low, LAST HOUR HIGH
7. Previous Day's Numbers:
Open 6051.00
Hod 16:15 6089.25
Lod 10:05 6029.50
Settle 6088.50
Volume 941,434
8. Floor Trader Pivots
DAILY 6069.08
R2 6128.83
R1 6108.67
S1 6048.92
S2 6009.33
WEEK 6081.00
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: February 12 Snow Moon 8:53 a.m. Spring Equinox March 20 5:01 a.m. (all times Est)
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