I mostly just lurk in these forums, but tomorrow is my 25th birthday, so I have decided to be bold and make a fantastical predictiction for the date of October 20, 2006:
tomorrow will be an unusually large up day in the NAS and INDU- the markets will gap open in the morning and never look back.
reason 1: the qqqq appears to have built an inverse head and shoulders with confirmation in the volume. At the close/aftermarket it penetrated the neckline.
reason 2: market profile seems to confirm that we are ready for a large move in a given direction, since it is my birthday it should probably be up.
reason 3: the INDU has closed above 12'000 for the first time.
reason 4: it is my birthday. here is a chart.
tomorrow will be an unusually large up day in the NAS and INDU- the markets will gap open in the morning and never look back.
reason 1: the qqqq appears to have built an inverse head and shoulders with confirmation in the volume. At the close/aftermarket it penetrated the neckline.
reason 2: market profile seems to confirm that we are ready for a large move in a given direction, since it is my birthday it should probably be up.
reason 3: the INDU has closed above 12'000 for the first time.
reason 4: it is my birthday. here is a chart.