Monday, April 5, 2010

TraderSmarts Numbers for the YM Emini Futures - Tuesday April 6, 2010

Support becomes resistance and vice versa...

10898, 10927, 10940, 10955 Resistance on the YM Emini Futures

10870, 10827, 10775, 10724, 10689, 10633 Supports

Trade smart and trade well!

YM: I have timing Tuesday and Thursday of this week. Next timing on the daily is not for another few weeks so if we are going to make a CIT and reverse down this week would be a good time to do it.

CL: We got the close over the March 17th high on Wednesday March 31st and so now expecting the extension up to 87.50 from here. I am still expecting an eventual 57.50 test on CL but we must expect the move up to 87.50 first.

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