Thursday, February 17, 2011

TraderSmarts Numbers for the YM Emini Futures - Thurdsay February 17, 2011

Support becomes resistance and vice versa...

12242 - 12248, 12267, 12291, 12305, 12320, 12344 Resistance on the YM Emini Futures

12227, 12215 - 12204, 12186 - 12182, 12164 - 12160, 12149 - 12143, 12125 - 12121, 12104, 12089 - 12077, 12048, 12026, 12008 - 11998 Supports

Trade smart and trade well!

Another full economic schedule. Let's see how the day unfolds. Equity is a market that is getting in need of some vertical development.

YM: 12344 highest odds short FTU. 12267 still the range short. 12149 - 12143 highest odds long FTD. 12227 range long and immediate line in the sand. Under and holding and a move down to 12149 is possible.

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