Support becomes resistance and vice versa...
10379, 10430, 10447, 10505 Resistance on the YM Emini Futures
10333, 10277, 10215, 10166 Supports
Trade smart and trade well!
YM: We snapped the uptrendline off the March lows today for the first time. That trendline will be in play on any bounce to it.
The angle of ascent since the 11/16/2009 look at the daily chart blog post has been NIL. We gained 345 YM points in a little over 2 months. And we gave it back in two days. To me it looks like a VERY tired market.
As of now the move over 10625 looks like the blowoff I had expected. If we can start closing over 10625 again that outlook could be negated.
Expecting a third day of selling Friday for Three Black Crows on the daily.
2 comments:
Agreed sire, can u get us in it?
Not sure what you mean? Can I get us in what?
Post a Comment