TraderSmarts Numbers for the YM Emini Futures - Tuesday June 29, 2010

Support becomes resistance and vice versa...

10023, 10044, 10076*, 10117*, 10168, 10219, 10265 Resistance on the YM Emini Futures

9966*, 9933*, 9886, 9860, 9808 Supports

Trade smart and trade well!

YM: 10117/10076 highest odds short FTU. 9966 (already printed)/9933 highest odds long FTD. 9886 - 9860 is also a big.

CL: Was really looking for a move into the 80.66 - 80.09 range (and upper end of my 78 - 81 swing long target) but I am seeing signs of a possibility that the high on CL has been printed. Next two days will give more information. If I determine that the high has been printed and we don't get the top - there will be ample opportunity to enter swing short for the expected move back to 57.5 target. The nearly 8 point swing long and this swing short setting up are the types of trades that take your trading to the next level.