October 24, 2005: TD

Yes! This was an excellent day to be active in the market especially that it's a Monday! I don't like Monday mornings and this session is proof: some chop and support then blast off to the upside!! Incredible! Well, everything was pointing up so based on my rules afternoon trade is the one to take for sure with a hi probability.... VOLD was just huge... Semis still consolidating in BRACKET pattern... that's not a bullish pattern... sheesh :P




Notice the inverted "N" pattern on Dow which is usually followed by last leg of "W" and voila... 2 setups: first one is monday morning so that should be ignored and the second one is the hi %.... ADD help up pretty well above the bands, now how about some follow thru to negate that BRACKET pattern on the semis???