Monday, July 19, 2010

TraderSmarts Numbers for the YM Emini Futures - Tuesday July 20, 2010

10109, 10141, (10177, 10212)*, 10242, 10309, 10365, 10451 Resistance on the YM emini Futures

10076, 10023, 9967, 9918, (9864, 9829)* Supports

Trade smart and trade well!

Using the ( and ) hopefully give you a better idea of how I am viewing things.

YM: Still viewing the 10177 - 10212 area as short zone FTU. Watch the midpoint of that zone. 10023 has held support and then 10K at the close. I'm expecting a move up to the short zone from here before 10K snaps to the downside. If 10K snaps highest odds long FTD is 9864 - 9829.

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