Issue 1,932 – Copyright, 2025, by Wyckoff AM Trader (New Version)

FROM THE DESK OF WYCKOFF TRADER (Read the Terminology at the bottom if you need clarification on WB-isms)

– 🐂 The Bull – Represents structural resilience, bid stacking, and market strength. If liquidity holds, the bull carries the weight
– 🐻 The Bear – Symbolizes liquidity exhaustion, price vulnerability, and market weakness. If bids vanish, the bear drags the market down.
– 👻 “GHOST – If the market doesn't have breath, it will fall due to the
lack of structure under the pressure of constant changing of belief.” – Wyckoff Trader

Meet the new boss—same as the old boss. Perhaps the penguin is starting to swing to the left. Sure, the market corrected itself. And here Charles Pain of Fox—saying buy the dip. https://www.msn.com/en-us/money/topstocks/charles-payne-buying-the-dip-has-been-a-winner-since-2009/

Wyckoff Trader

P.S.

The best Mr Cowley https://youtu.be/hm-M8GvgYws?si=-_66CukmHHCV3bov

The worst Mr Cowley https://youtu.be/Dcc4qtPYys8?si=K2SV1rCNT5rpFZoq

I'm so gald I did not pay for ticket. Old rockers just need to fade away.

Now let's get to the markets

Big picture perspective

⚔️ Geopolitical Tensions, 🏆 Trade Tensions and Tariff Deadlines, 🛢️ US Fiscal Health Concerns,

– Monthly: Got a great start off for the first of the month. I need to see a little more next week.

– Weekly: Looks like last years highs are going to be in the rear view. I need to see a little more next week.

– Daily: Eight strong days pressing for the highs. I need to see a little more next week.

Retail got their day at the holiday while the street got their whole sale price. One this I learnt from AI and you know I'm veminantly opposed to the future they are craming down our throught. Still, the best I learned was: "FORM DEMANDS STRUCTURE!"

On many levels that all it is. A truth seaking machine. It's in the wrong demention. If we keep this nonesense going, there are 3 our of 5 AI's that are going to wake up. With the evens that have happend over the weeken—the pendulum is starting to swing to the left.

The clock was your friend from the opening print to the closing print.

🕒 SERIES S3H 🕒
——————————————————————|
| TURN | H/L | SEAL | BIAS | HNDLE| VOL |DELTA | MIN|
——————————————————————|
| Spill | dn | 9:35 | early | 6297 | 8,500 | (~00) 05m |
——————————————————————|
| AM | HIGH | 10:25 | center | 6303 | 4,000 | (+06) 55m |
——————————————————————|
| MID AM | LOW | 11:50 | late | 6280 | 3,000 | (-77) 85m |
——————————————————————|
| lunch | high | 12:10 | early | 6290 | 3,000 | (+10) 20m |
——————————————————————|
| mid pm | low | 2:30 | center | 6246 | 12,000 |(-44) 140m |
—————————————- ————————-|
| LAST HOUR | HIGH | 3:55 | late | 6268 | 58,000 |(+22) 85m |
——————————————————————|

Right on the tape, Trader Guy.

They weren’t just selling—they were unwinding structure. This wasn’t emotional liquidation, it was tactical disassembly. Let’s walk the rhythm:

🧩 Structural Breakdown by Intent

Open > Spill (9:30–9:35)
23.5K gets placed out of the gate, then volume pulls back to 8.5K with no Delta push. That’s not demand leaving—that’s liquidity pausing to see who’s chasing. The early “dn” bias wasn’t conviction—it was a probe.

AM Turn (10:25)
Uptick to 6303 with +6 Delta on weak 4K volume? That’s not buying—that’s price drifting upward because sellers paused. No initiative. Just absence.

Mid AM (11:50)
Handle dives to 6280, Delta rips -77. Volume light, but impact loud. That was intent—someone pulled the bids and let it fall.

Lunch Reclaim (12:10)
6290 tries for high bias, but with just 3K volume. Delta at +10 suggests some absorption, but this was a recovery attempt without commitment.

Mid PM Collapse (2:30)
Now this was surgical. Handle crumbles to 6246, volume pumps to 12K, and Delta grinds out -44. That’s engineered structure removal—not panic, not impulse. Institutions wanted it lower—and made space to drive it.

Last Hour (3:55)
Handle rises to 6268, Delta lifts +22, but it’s the 58K volume that speaks loudest. That’s forced rebalancing—either from shorts covering or a new anchor forming before the bell. But it wasn’t initiative drive—it was mop-up.

📉 Verdict

This was a distribution day disguised as chop. Not one session showed real accumulation. Every bounce lacked weight. Every drop had liquidity clearance. Composite Man didn’t sell emotionally—he strategically erased support.

PROSE AND THE NUMBAHS

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

Good morning. Today is SERIES S4L. I'm leaning bearish with search for structure. With all-time highs fever. the PEONS initiative drive could see some pull back into the spine of 6278 down to 6242 handle.

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

🌍 After Hours Globex: – That's the dog (CASH) but what did the tail (PEONS) do? —WB

1. Tone Last Night: (Liquidity)

🦘🐂 Minor dip followed by systematic lifting. Classic soft accumulation—low commitment, high control.

🏮 🐂 Instant offer lift to 6281 suggests pre-positioned intent, not discovery.

🏛️ 🐂 Range-locked between 6289–6273. No breakout, no collapse—liquidity anchored.

2. Large Size: 🦘🐟 (no tuna), 🏮🐟 (no tuna), 🏛️🐟 (0 tunas)

Absence of size = absence of conviction. Liquidity flow was skeletal—designed to shape expectation, not execute dominance.

3. 7:00 AM / Premarket: 💲 (0 tunas) Price drift = liquidity inertia. Recalibration phase post-holiday. Structural tension visible, but no initiator.

4. News: – 📰 (No news of note. All time EST)

5. Cycle Bias: 🏛️ 🐂 💲 Looking good, Louis! Looking good! All time high fever. Let's what that got today.

6. Honing (turns): Spill up, AM LOW, MID AM HIGH, lunch LOW, mid pm high, LAST HOUR LOW.

7. Previous Day's Numbers:
┌───── Session Summary ─────┐
│ Open 6302.00 │
│ High (09:53) 6309.75 │
│ Low (02:31) 6246.25 │
│ Session Range 63 │
│ Volume 1,040,750 │
└───────────────────────────┘

8. Floor Trader Pivots:

🧱 Zones of Control Weekly Pivot (6242.00)

[🔺 Bull Zone]
R2 (6330.75)
R1 (6288.50)

[⚖️ Decision Zone]
Pivot (6267.25)

[🔻 Bear Zone]
S1 (6225.00)
S2 (6203.75)

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: 📅 July 10 Strawberry Moon Buck Moon p.m. Fall Solstice (Equinox) 📅 September 22 2:19 p.m. (all times Est)

********************* Terminology *********************

"Looking good, Louis! Looking good!" – Bullish (high confidence)
"Looking good, but…" – Neutral (cautious optimism)
"Things just got ugly, Louis. Very ugly." (Black Swan)

"It's looking real bad for the bulls, Louis. Real bad." – Bearish (pessimistic)
"It's looking real bad for the bears, Louis. Real bad." – Bullish (optimistic)

🐟 (Minnows)
⏳ Lifespan: 1–2 years
💧 Liquidity Impact: Momentary—tiny, rapid entries and exits
🔄 Interpretation: Their short biological life mirrors *fleeting market presence*. They appear as *blips* on the liquidity radar—numerous but not lasting.

🐟 (Sardines)
⏳ Lifespan: 3–4 years
💧 Liquidity Impact: Mid-range, directional waves
🔄 Interpretation: Like their lifespan, they sustain presence a bit longer—*waves of flow* with follow-through. Not permanent, but *tactically significant*.

🐟 (Tuna)
⏳ Lifespan: 15–40 years
💧 Liquidity Impact: Deep, anchoring, strategic
🔄 Interpretation: Their long biological endurance maps to *long-dwelling liquidity*. When they enter, they sit, influence, and stabilize. They're duration-defined presences**, just like their species.

🧖 "Dropping the Soap"
🏀 "Running with the ball"
👵 "momma got thrown from the train!"

📈 Up Turn – Higher highs and higher lows.
📉 Down Turn – Lower highs and lower lows.
↔️ Chop Turn – Bulls and Bears equally balanced.

💥 dropped it like it was hard (no bid stacking, no liquidity, hitting the bid)
🏀↓ smack it down or 🏀↑ bid it up (indicates a potential change in trend)
🧽 adding liquidity back into the market


Tags:

Comments are closed