Support becomes resistance and vice versa...
10596, 10639, 10699, 10747, 10794*, 10833* Resistance on the YM Emini Futures
10536, 10451, 10403, 10362, 10333, 10255 Supports
Trade smart and trade well!
Okay 7 days of consolidation now. I tweeted a $TRIN chart today that would be a good idea to take a look at:
http://tradersmarts.blogspot.com/2010/08/what-i-am-seeing-on-trin.html
On ES we still have 1155 big target with 1135.25 resistance along the way. A test of 1190.75 would still make sense to me before going much over 1135.25.
YM: 10794 and 10833 highest odds short FTU. 10362 highest odds long FTD.
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