Wednesday, March 17, 2010

TraderSmarts Numbers for the YM Emini Futures - Thursday March 18, 2010

Support becomes resistance and vice versa...

10675, 10699, 10732, 10757 Resistance on the YM Emini Futures

10647, 10604, 10571, 10539, 10470, 10395 Supports

Trade smart and trade well!

YM: Latest Daily Chart Update - An Updated Look at the Daily Chart of the YM

CL: Two tests of the upper end of my 79.7 - 82.7 range and a NICE FAST DUMP each time - Wednesday and Friday of last week. A third test Tuesday of this week met by selling but not as strong selling like last week. I have been trading around a swing short position in my range to better the cost basis for the past four weeks now. Still expecting a CIT from this range but prepared for a move up to 87.50 and still expecting an eventual 57.50 test in CL

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