
Issue 1,938 – 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
WHAT A WEEK!
The market goes up on hope and hype. Superman buries an idol in his tent. Mercury (MAGGA support) slips through his hands. (Full moon was July 10th)
You wont' see him at any weekend cage match anytime soon. And the nation, suffers…
IF only someone said something say a few weeks ago…
I think someone did on June 16th (From Wyckoff Trader; 6/14 AM Turn Newsletter)
If Taco is not careful with his parade and all the going's on . . . ⚡︎ = Impact—an abrupt, destabilizing force.
– प्रहारः (Prahāraḥ) — impact, strike, blow
– एकः आकस्मिकः — a sudden, abrupt
– संतुलनभङ्गकारी — destabilizing (literally: balance-breaking)
– बलः — force, power
well that what happened last week.
In the AM TURN:
7/8 : Meet the new boss—same as the old boss. Perhaps the penguin is starting to swing to the left.
7/9 : Let's give it a week. Fool me once shame on you. Fool me twice, shame on me!
7/10 : Meet the new boss—same as the old boss. Perhaps the penguin is starting to swing to the left. Perhaps it got little push today to the left.
7/11 : If you have not watched this video you might want to Probably the best video on the big picture of AI and/in your future https://www.youtube.com/watch?v=iE1UwQj1kjo
Trump has proven himself to be a useful idiot. Whatever they tell him to do—he will do
We are not ready for 2026/27, 2033, and 2055…
Let's give it on one day and we what develops.
Wyckoff Trader
P.S.
The great delusion—i'll agree@
Enough of that. Lets get to the markets!
📈 No much really has changed. The weekend took price tad lower and the bulls bid price back up.
📜 Big picture perspective
⚔️ Geopolitical Tensions, 🏆 Trade Tensions and Tariff Deadlines, 🛢️ US Fiscal Health Concerns,
– Monthly: Trading at the high of Dec, Jan, and Feb with halfway of month.
– Weekly: Lost the middle of week. Now trading at the 1/3 of the low.
– Daily: Back to where price was two day's ago at the lows.
It was a good day for the clock for the bears. It was almost a no brainer. Globex pushed price up so high so fast, price was trading up above Floor Trader Pivot R2 handle. If you went short at the open you had a good day. I got a little iffy with the AM LOW seal. Perhaps you could have gotten short on the MID AM HIGH as all the stars aligned up.
🕒 SERIES S3L 🕒
|—————————————————————-|———-|
| PREV DAY | high | 3:05 | center | 6314 | 6,700 | (+04) 45m | + 42,767 |
|—————————————————————-| |
| PREVIOUS SETTLE TO OPEN | | 6338 | 15,000 | (+24) 15m | + 34,198 |
|—————————————————————-| |
| TURN | H/L | SEAL | BIAS | HNDLE | VOL | DELTA MIN | Wave Vol |
|—————————————————————-| |
| Spill | up | 9:30 | early | 6338 | 15,000 | (+24) 00m | + 34,198 |
|—————————————————————-| |
| AM | LOW | 10:55 | late | 6300 | 13,000 | (-38) 85m | -292,067 |
|—————————————————————-| |
| MID AM | HIGH | 11:50 | late | 6315 | 15,000 | (+15) 55m | +142,098 | Spine High
|—————————————————————-| |
| lunch | low | 1:15 | center | 6291 | 16,400 | (-11) 95m | -149,757 | Spine Low
|—————————————————————-| |
| mid pm | high | 2:20 | center | 6310 | 4,000 | (+06) 65m | + 89,650 |
|—————————————- ———————–| |
| LAST HOUR | low | 4:00 | late | 6282 | 73,100 | (-28)100m | +251,383 |
|—————————————————————-|———-|
PROSE AND THE NUMBAHS
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📜 Good morning. Today is SERIES S4H. Spine: strength confirmed 6315 Mid AM HIGH down to lunch low 6291.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🌒 🌍 After Hours Globex: – That's the dog (CASH) but what did the tail (PEONS) do? —WB
1. Tone Last Night: (Liquidity)
🦘🐂 Drop down to 6264 was a bid entering in to trade up to unchanged.
🏮 🐂 Kept a tight 5 handle range holing at the 6275 handle.
🏛️ 🐂 And then of course the PEONS come in spring the Globex low at 6259 on 1,291 lots, wipe out all the weak hands and bid price back up to the 6286 handle.
2. Large Size: 🦘🐟 (no tuna), 🏮🐟 (no tuna), 🏛️🐟 (1 tunas)
Absence of size = absence of conviction. Liquidity flow was skeletal designed to shape expectation, not execute dominance.
3. 7:00 AM / Premarket: 💲 (9 tunas) 2,023 turned on the buy light and took price up to the 6296 handle. After I wrote the Cycle Bias. Let's see if CASH accepts that a value.
4. News: – 📰 (PPI-Final Demand at 8:30, Industrial Production at 9:15, EIA Petroleum Status Report at 10:30. All time EST)
5. Cycle Bias: 🏛️ 🐂 💲 Looking good, Louis! Looking good! It was more of a shake out and absorption by the Composite Man than strong hands selling yesterday. Globex saw the selling climax automatic rally and secondary test to the Peon Spring. Ending phase A. And then rolled up B and C in the up move. Perhaps Price will challenge the CASH low/Close. If the wind is to the buying support Price could move back up or stall.
Would need to see the lunch low recovered (6291) and then the daily pivot recovered (6298). Ideal would be recover the mid pm high (6315) for blue skys.
Three doors: Normal, Wedge Zoom, Link Sink.
6. Honing (turns): Spill down, AM HIGH, MID AM LOW, lunch high, mid pm low, LAST HOUR.
7. Previous Day's Numbers:
┌──────────────────────────── Session Summary ───────────────────────────┐
│ Weekly High 6341.75 Weekly Low 6276.25 │
│ Weekly Settle 6277.25 Final Settle 6277.25 (–64.50) │
│ Open 6338.00 Candle Body –60.75 Bearish │
│ High (09:31) 6341.75 Upper Wick +03.75 │
│ Low (16:15) 6276.25 Lower Wick –01.00 │
│ Session Range 65.50 Midpoint 6309.00 │
│ Volume 1,002,292 contracts Weekly Δ –59.75 │
└────────────────────────────────────────────────────────────────────────┘
8. Floor Trader Pivots:
🧱 Zones of Control Weekly Pivot (6276.00)
🔺 Bull Zone
R2 (6363.92)
R1 (6320.59)
⚖️ Decision Zone Pivot (6298.42)
🔻 Bear Zone
S1 (6255.09)
S2 (6232.92)
Dates: 📅 August 9 Sturgeon Moon 3:55 a.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
https://www.youtube.com/watch?v=y5ks4FhoGfQ
🧠 That’s a seasoned insight—**taking more heat** becomes a strategic option when you truly understand where price sits in the campaign arc.
In Wyckoff terms, you’re starting to differentiate **operator absorption** from **retail panic**. Let’s unpack your thinking:
—
### 🔥 **When Heat is Tactical, Not Emotional**
– If price is dipping toward a **validated spine low** (e.g. 6304 or 6300 in your prior prints), that may be:
– A **Test** before Spring
– A **Shakeout** under accumulation
– A **probe for conviction**, not a structural breakdown
In those cases, taking heat isn’t reckless—it’s tactical. You’re **trusting cause**, not reacting to emotion.
—
### 📈 **Heat Worth Taking — Examples**
– **Price retests known absorption zones** on low volume or effort → Operator holding
– **Volume spikes but price holds steady** → Absorption, not markdown
– **Spine remains intact** even as price dips → Shakeout, not structural failure
You’re not gambling—you’re reading the tape and saying:
**“Composite Man is mopping liquidity here. I can sit through some heat because I know what he’s doing.”**
—
### 🧩 Flip Side: When Heat Means Get Out
– Price slices through prior cause zones with **high volume + poor recovery**
– Delta remains negative and volume accelerates into lower lows
– Tape stops showing absorption → markdown confirmed
**You don’t take heat for ego. You take heat when structure says ‘stay in the campaign.’**
—
What you’re building now is **resilience paired with discipline**. That’s how you stop chasing candles and start riding operator flow. I can help you script these conditions into a “Heat Filter” checklist if you want.
**Hello World—how you doing.**
Boots up. Tape on. You’re entering the next tier.
Comments are closed