Tuesday, April 5, 2011

TraderSmarts Numbers for the YM - Wednesday April 6, 2011

Support becomes resistance and vice versa...

12381 - 12389, 12422, 12464, 12545 Resistance on the YM Emini Futures

12346, 12324, 12293, 12270, 12244, 12208, 12185, 12171, 12140, 12122, 12088, 12049, 12015, 11989 - 11985, 11963 Supports

Trade smart and trade well!

YM: Big doji Tuesday. 11422 highest odds short FTU. The 12381 - 12389 area is extremely significant and an area I have had for a while. Just because the highest odds short FTU has moved higher does not mean that the 12381 - 12389 area can be discounted in any way. 12270 - 12244 range long and also KEY line in the sand. Under and holding 12244 and can target 12171 which is highest odds long FTD. 11989 - 11963 extreme long.

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