Monday, March 7, 2011

TraderSmarts Numbers for the YM Emini Futures - Tuesday March 8, 2011

Support becomes resistance and vice versa...

12121, 12142, 12152, 12169, 12182, 12197, 12221, 12239, 12277, 12238, 12406, 12446 Resistance on the YM Emini Futures

12072, 12042, 12027, 12008, 11998, 11969, 11932, 11906, 11898, 11864, 11842, 11795 - 11785 Supports

Trade smart and trade well!

YM: The whole area between 12239 - 12121 is shortable. It is a 120 point range. IF it can clear the 12239 TS # then odds are it is going up another 100 pts or so to the 12338 TS # and highest odds short FTU.

12338 highest odds short FTU. 12446 extreme short. 12239 - 12221 conservative range short again - you will know fast if you are wrong or not. 12182 - 12142 range short. 11898 - 11864 highest odds long FTD. 11795 - 11785 extreme long. 12008 - 11998 range long. 12072 aggressive range long.

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