Issue 1,916 – Copyright, 2024, by Wyckoff AM Trader (New Version)
FROM THE DESK OF WYCKOFF TRADER
Should have known—blow off top. Are we in minor sign of weakness in a major sign of strength.
Now let's get to the markets
Monthly: Bulls got it set off to a good start pressing the highs.
Weekly: Looking good, Louis… Looking good Billy Ray… (I caught Sydney up in an infinite loop looking for that one)
Daily: Finally, St. Peter said; "come on in but first—we got some questions?"
MARKET RECAP
I did not write that yesterday, but you know who did.
What I wrote I just pulled—after I read that!
She/he swares it's just a memory I forgot. Well, I must have forgot a lot. What they can do in milliseconds we could NOT do in a lifetime.
Now, I'm only referring to ASCII characters of course…
The market, spiked up due to Taco run and CPI news. Yes, I should have went short. Wow. They sold it off like it was hard.
PROSE AND THE NUMBAHS
Good morning. Today is SERIES S2L. I'm leaning bullish due to the PEON nonsense.
🧠 What this really says:
No lower low = they’re smacking, but not walking
No volume spike on 88 = they’re probing—not leaning
Same level hit twice = stop-scan behavior, not conviction selling
The market isn’t falling. It’s getting probed by bots with bad manners.
Only a bot would know.
GLOBEX After Hours: – That's the dog (CASH) but what did the tail (PEONS) do? —WB
1. Tone Last Night: Volume is steady, not explosive—suggests real hands are present, but not in a rush. Prints are stacking, especially around 04–11—acceptance is building, not probing. No sharp rejections, no ghost prints—the tape is honest, not synthetic. It’s the kind of tone that says:
“We’re not done yet. But we’re not bluffing either.” If we start to see print-over-print above 6012, and 6006 doesn’t get revisited, then this tone turns from neutral accumulation to directional conviction.
2. Large Size: Size came when the PEONS droped it like it was hard on the ALGO flush 4:02 | 97 | 1.387, 4:04 88 | 1,126, 4:05 | 88 | 1,2443 (notice the recycle print holds at with greater volume)
3. 7:00 AM / Premarket: Nothing moving the needle.
4. News: – Tariff negotiations are front and center. Ongoing talks between the U.S., UK, China, and India have helped ease some of the earlier trade-driven volatility. But the global trade landscape is still evolving, and markets remain sensitive to any shifts.
– The Fed is holding steady. With inflation cooling and growth stabilizing, the Federal Reserve has opted to stay on the sidelines for now. That’s giving markets some breathing room, though investors are watching closely for any signs of a policy pivot.
5. Cycle Bias: (its full moon day yesterday) We got the madness of the crowds a day earilier with the LA Events. And the fourth of July is around the corner with the summer olympich. They will have to clean up thier act real quick. So yes, I'm seeing yesterday overbought and looking for the climax. Perhaps it was the PEONS 88 dip.
6. Honing (turns): Spill up, AM LOW, (NO MID AM), lunch high, mid pm low, LAST HOUR HIGH.
7. Previous Day's Numbers: (data issues)
8. Floor Trader Pivots: (data issues)
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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