Monday, January 3, 2011

TraderSmarts Numbers for the YM Emini Futures - Monday January 3, 2011

Support becomes resistance and vice versa...

11604, 11643, 11717 Resistance on the YM Emini Futures

11578, 11533, 11527, 11512, 11481, 11464, 11439, 11408, 11393, 11375, 11353, 11320, 11298, 11252, 11231, 11209 Supports

Trade smart and trade well!

YM: Extreme: 11643 highest odds short FTU. 11252 highest odds long FTD. Price finally touched the 11538. I am starting to look for an intermediate top to be in - I think about 11717 MAX before we see some type of correction. A quick 500 point drop down to 11100 or so would not surpris me.

Range: 11604 highest odds short FTU. 11512 Highest odds long FTD.

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