Wednesday, May 11, 2011

TraderSmarts Numbers for the YM Emini Futures - Thursday May 12, 2011

Support becomes resistance and vice versa...

12598, 12604, 12623, 12650, 12676, 12695, 12707, 12732, 12748, 12764, 12796, 12819, 12857, 12895, 12927, 12959

12576, 12555, 12509, 12472, 12436, 12422, 12389 - 12381, 12366, 12321, 12300, 12212, 12157

Trade smart and trade well!

Got some of the vertical development that I had been expecting on Wednesday. Expecting push higher before move under Wednesday low and then the 5/5/11 low.

YM: 12764 highest odds short FTU. 12676 - 12650 range short. 12509 important FTD and the range long. 12389 - 12381 highest odds long FTD. 12321 - 12300 extreme long.

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