STRONG OCTOBER START?Micro E-mini Nasdaq-100 Index FuturesCME_MINI:MNQ1!A_warriorMy bias to why you should expect a strong October Start or at least start of the week relies heavily on the flush to close the day. Looking at Wednesday's Market Profile it wasn't too promising through the first half of the day as a p shaped market profile formed, indicative of shorts liquidating not particularly new buyers. (See Dalton) That doesn't mean there are no buyers it just means what it says, shorts are exiting the trade. They do this to take profit or as in the case of NQ after a soft PCE report to get out of the way. Tomorrow's follow through requires new longs. Why do I think the path is cleared for them this week? Back to the market profile: that b shaped profile that was evident early in the day and the gap from Tuesdays action were evidene that there was unfinished business below and a call to finish the auction before upward movement can resume. Two things happened that have happened over and over. 1. The market did what was needed before the cash close. - It filled the gap. - It revisited the thinner stem on the b. All the above happened in the last 15 minutes of the day with a nice response out of the gap 2. Micron reported strong earnings and more importantly raised guidance further cementing the AI Trade. Not debating what parts of it are or aren't a bubble, but Micron's revenue isn't hopium its Benjamins. A lot of them. 31,000 Thursday, ATH by Friday is very attainable.