Ovulation question...

I am beginning to think this cycle is a bust and it just started. I am currently on clomid due to problems conceiving. My cycle started on the 12th of November and ended this past Tuesday. I have been taking an ovulation test, the clear blue digital, every 12 hours like recommended by my OB. Last night and this morning they are reading high. My question is, is it possible to ovulate this soon after my cycle started? Thanks in advanced for any insight you maybe able to shed a light on...