Tuesday, November 29, 2011

TraderSmarts Numbers for the YM Emini Futures - Wednesday November 30, 2011

Support becomes resistance and vice versa...

11518, 11539, 11559, 11568, 11609, 11628, 11660, 11681, 11715, 11737, 11768, 11792, 11825, 11842, 11863, 11882, 11922, 11945, 11987, 12025 Resistance on the YM Emini Futures

11487, 11454, 11425, 11390, 11365, 11336, 11322, 11278, 11234, 11195, 11173, 11146, 11125, 11093, 11065, 11046, 11033, 11024, 11016, 10972, 10945 Supports

Trade smart and trade well!

Really no change in equity today - expecting a decent move out of this zone. Again, there is a big range for the TS #'s. 1323 - 1104 on the ES. Focus on where we are inside the range and trade it!

YM: 11945 extreme short. 11825 - 11792 highest odds short. 11681 - 11660 range short.  11568 - 11559 line in the sand. Want to be long above 11568 and short below 11559. Expecting good move out of this zone. 11425 range long. 11322 extremely significant. 11234 highest odds long FTD. 11065 extreme long.

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