Wednesday, August 11, 2010

TraderSmarts Numbers for the YM Emini Futures - Thursday August 12, 2010

Support becomes resistance and vice versa...

10333, 10382, 10451, 10477, 10508, 10590 Resistance on the YM Emini Futures

10255, 10141, 10059, 10023, 9863 Supports

Trade smart and trade well!

1090.75 was hit. If we can't buoy and hold back over 1090.75 then viewing 1061.25 as the next line in the sand. ES.

YM: 10451 high odds short FTU. 10477 also high odds short FTU. 10508 highest odds short FTU. 10141 high odds long FTD. 10059 high odds long FTD and 10023 highest odds long FTD. Depending on the tape and my current position (if I am short into it or not) I may pair into a long from 10059 to 10023.

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