Thursday, April 8, 2010

TraderSmarts Numbers for the YM Emini Futures - Friday April 9, 2010

Support becomes resistance and vice versa...

10894, 10927, 10940, 10955 Resistance on the YM Emini Futures

10864, 10837, 10775, 10724, 10689, 10633 Supports

Trade smart and trade well!

YM: See the chart posted on the blog here and take heed of the caveat emptor.

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.

6E: 1.3286 was money yet again. I first mentioned this Number in the March 2nd update.

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