Issue 1,903 – Copyright, 2024, by Wyckoff AM Trader (New Version)
PROSE AND THE NUMBAHS
Our friend WB passed away on Sunday, May 21, 2017. There is not a day that goes by that I don't think about him.
I wish he could be here to share all this drama we are in. I'd be wearing him out with that AI / Sydney stuff.
https://www.legacy.com/us/obituaries/theledger/name/william-blount-obituary?id=14154193
IMPRO: Wyckoff Trader :(12:22:29 PM) : https://www.youtube.com/watch?v=ofs_GyQXJ9k&t=15s
IMPRO: Wyckoff Trader :(12:22:45 PM) : little SLOG music WB may have posted
IMPRO: Wyckoff Trader :(12:24:56 PM) : I'd perfer to have see a little more effort in the push up but I'll take what the market give me
And of course, 2026/27, 2033, and 2055…
Good morning. Today is SERIES S2L IFFY.
1. Tone Last Night: All looked well. Price was holding it's lows. And the push down.
2. Large Size: Size came in at the lows. This day is going to get interesting. Three day weekend. Bulls may step up at the lows.
3. 7:00 AM / Premarket: Price is trading 5764 about 100 points lower. Sell America is the trade.
4. News: Jobless Claims & Chicago Fed National Activity Index at 8:30, PMI Composite Flash at 9:45, Existing Home Sales at 10:00. All times EST.
5. Cycle Bias: I'm somewhat redeemed today but bulls dropped the soap at the last 40 minutes of trade. Caught up in the middle with you. Unless the bulls get it in go mode, we face a potential resting spell for lower lows. (YES THAT HAPPENED OVERNIGHT) Three-day holiday coming up. Waiting on the next shoe. It dropped over night. Globex ran price down to S3 FTP 5761 handle. That's twice the range of the previous day. Three day weekend up ahead. Is price oversold. Will bigger buyers step up? 5833 down to 5793 to make up. About 40 handles. Let's see what the bulls got.
6. Honing (turns): Spill up, AM LOW, (NO MID AM), lunch high, mid pm low, LAST HIGH.
7. Previous Day's Numbers:
Open 5855.50
Hod 15:30 5895.00
Lod 09:36 5842.75
Settle 5859.00
Volume 1,113,894
8. Floor Trader Pivots
DAILY 5865.50
R2 5917.75
R1 5888.00
S1 5836.00
S2 5813.25
S3 5761.08
WEEK 5883.00
Range 52
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: June 11 Strawberry Moon 3:44 a.m. Summer Solstice (Equinox) June 20 1:41 p.m. (all times Est)
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