Tuesday, September 20, 2011

TraderSmarts Numbers for the YM Emini Futures - Wednesday September 21, 2011

Support becomes resistance and vice versa...

11390, 11413, 11443, 11474, 11486, 11497, 11515, 11539, 11559, 11568, 11628, 11736, 11772, 11837, 11849, 11863 Resistance on the YM Emini Futures

11371, 11330 - 11326, 11301, 11278, 11249, 11237, 12212, 11178, 11156, 11146, 11108, 11087, 11050, 11016, 11008, 10984, 10963, 10948 Supports

Trade smart and trade well!

Again, not much change in equity. I am expecting these extreme short areas to be hit eventually before a new leg down. As I have been saying on Twitter I think 8/31 highs get taken out before 8/22 lows. Nothing is set in stone though so be prepared to trade what is present. FOMC announcement today.

YM: 11330 - 11326 is line in the sand for Wednesday session. 11863 - 11837 extreme short. 11568 - 11539 highest odds short FTU. The 11539 - 11474 zone is extremely significant FTU. 11474 first part of zone topped the market on Tuesday. 11146 highest odds long FTD. 11278 is range long.
or educational purposes only and is in no way to be considered investment advice. Trade futures at y

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