Monday, January 4, 2010

TraderSmarts Subscriber Numbers for the YM, ES, and CL - Tuesday January 5, 2009

As a bonus today I am posting the subscriber email for Tuesday January 5, 2009...

A few weeks ago I asked if people would prefer the CL or 6E to the GC. The response was pretty even for all three contracts. I think what I am going to do, for now, is choose the third contract at my discretion on a day by day basis. I am bored with the GC so today we will focus on the CL. I have two targets on it for this current move up that I tweeted last week, 82.80 minimum and then 84.40.

I could say a lot about the action Monday but it is late and I am tired so I will leave it at this: I am not convinced. What will it take to convince me? If we start closing over 10625 I will sit up and take notice. I wouldn't be surprised to see Monday's move erased.

Here are your TraderSmarts Numbers for the YM, ES, & CL for Tuesday January 5, 2009

Support becomes resistance and vice versa...

TraderSmarts Numbers for the YM

10622, 10574, 10531, 10518, 10451, 10410, 10389, 10307

TraderSmarts Numbers for the ES

1142.5, 1137, 1132.75, 1128.5, 1121.25, 1113.5, 1110.5, 1106

TraderSmarts Numbers for the CL

84.4*, 82.8*, 82.38, 81.68, 81.31, 80.88, 80.57

Trade smart and trade well!

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