Thursday, March 31, 2011

TraderSmarts Numbers for the YM Emini Futures - Friday April 1, 2011

Support becomes resistance and vice versa...

11308, 11347, 11381 - 11389 Resistance on the YM Emini Futures

12270, 12253, 11232, 12213, 12185, 12171, 12140, 12122, 12088, 12049, 12015, 11989 - 11985, 11963, 11922, 11885, 11842, 11785, 11751, 11732 Supports

Trade smart and trade well!

YM: 11389 - 11381 highest odds short FTU. 11308 range short. 12171 - 12140  range long. 12069 - 12049 important area below. 11989 - 11963 highest odds long FTD (would now be considered an extreme long) and area that I think gets tested eventually. 12270 KEY line in sand.

Wednesday, March 30, 2011

TraderSmarts Numbers for the YM Emini Futures - Thursday March 31, 2011

Support becomes resistance and vice versa...

12308, 12347, 12381 - 12389 Resistance on the YM Emini Futures

12277, 12253, 11232, 12213, 12185, 12171, 12140, 12122, 12088, 12049, 12015, 11989 - 11985, 11963, 11922, 11885, 11842, 11785, 11751, 11732 Supports

Trade smart and trade well!

YM: 11389 - 11381 highest odds short FTU. 11308 range short. 12171 - 12140  range long. 12069 - 12049 important area below. 11989 - 11963 highest odds long FTD (would now be considered an extreme long) and area that I think gets tested eventually.

Tuesday, March 29, 2011

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

Support becomes resistance and vice versa...

11245, 11258, 11277, 11303 - 11308, 11381 - 11389 Resistance on the YM Emini Futures

11232, 12213, 12185, 12171, 12140, 12128 - 12120, 12088, 12049, 12015, 11989 - 11985, 11963, 11922, 11885, 11842, 11785, 11751, 11732 Supports

Trade smart and trade well!

YM: 11389 - 11381 highest odds short FTU. 11308 - 11303 conservative range short. 12277 - 12245 aggressive range short. 12185 KEY line in the sand. 12171 - 12140 aggressive range long. 12069 - 12049 important area. 11989 - 11963 highest odds long FTD and area that I think gets tested eventually.

Monday, March 28, 2011

TraderSmarts Numbers for the YM Emini Futures - Tuesday March 29, 2011

Support becomes resistance and vice versa...

12140, 12185, 12213, 12232, 12245, 12258, 12277 Resistance on the YM Emini Futures

12128 - 12120, 12088, 12049, 12015, 11989 - 11985, 11963, 11922, 11885, 11842, 11785, 11751, 11732 Supports

Trade smart and trade well!

YM: 12277 - 12232 highest odds short FTU. 12213 - 12180 range short. 12069 - 12049 range long. 11989- 11963 highest odds long FTD.

Sunday, March 27, 2011

TraderSmarts Numbers for the YM Emini Futrures - Monday March 28, 2011

Support becomes resistance and vice versa...

12185, 12221, 12232, 12240, 12258, 12277 Resistance on the YM Emini Futures

12140, 12128 - 12120, 12088, 12049, 12015, 11989 - 11985, 11963, 11922, 11885, 11842, 11785, 11751, 11732 Supports

Trade smart and trade well!

YM: 12277 - 12232 highest odds short FTU. 12211 - 12180 still the range short. 12069 - 12049 range long. 11989- 11963 highest odds long FTD.

Thursday, March 24, 2011

TraderSmarts Numbers for the YM Emini Futures - Friday March 25, 2011

Support becomes resistance and vice versa...

12154, 12180, 12211, 12240, 12258, 12277 Resistance on the YM Emini Futures

12128 - 12120, 12088, 12069, 12049, 12018, 11985, 11963, 11922, 11885, 11842, 11785, 1751, 11732 Supports

Trade smart and trade well!

YM: 12277 - 12240 highest odds short FTU. 12211 - 12180 range shrot. 12069 - 12049 range long. 11985- 11963 highest odds long FTD.

Wednesday, March 23, 2011

TraderSmarts Numbers for the YM Emini Futures - Thursday March 24, 2011

Support becomes resistance and vice versa...

12016, 12049, 12083, 12109, 12154 Resistance on the YM Emini Futures

11998, 11992, 11985, 11963, 11922, 11885, 11842, 11785, 11751, 11732, 11692, 11648, 11590, 11545, 11472, 11395, 11375, 11305, 11237, 11159, 11108, 11032, 10988, 10614  Supports

Trade smart and trade well!

YM: 12109 - 12083 highest odds short FTU. 12154 extreme short. 11648 - 11590 highest odds long FTD. 11885 - 11842 aggressive range long. 11785 - 11732 conservative range long. 11985 - 11940 immediate range long.

Tuesday, March 22, 2011

TraderSmarts Numbers for the YM Emini Futures - Wednesday March 23, 2011

Support becomes resistance and vice versa...

11922, 11963, 1992, 11998, 12027, 12083, 12154 Resistance on the YM Emini Futures

11885, 11842, 11785, 11751, 11732, 11692, 11648, 11590, 11545, 11472, 11395, 11375, 11305, 11237, 11159, 11108, 11032, 10988, 10614 Supports

Trade smart and trade well!

Not only did we get the doji that I was expecting but it was TIGHT. Getting ready for some vertical development.

YM: 12083 highest odds short FTU. 12154 extreme short. 12027 range short. 11648 - 11590 highest odds long FTD. 11885 - 11842 aggressive range long. 11785 - 11732 conservative range long.

Monday, March 21, 2011

TraderSmarts Numbers for the YM Emini Futures - Tuesday March 22, 2011

Support becomes resistance and vice versa...

11973, 11992, 11998, 12027, 12083, 12154 Resistance on the YM Emini Futues

11922, 11885, 11842, 11785, 11751, 11732, 11692, 11648, 11590, 11545, 11472, 11395, 11375, 11305, 11237, 11159, 11108, 11032, 10988, 10614 Supports

Trade smart and trade well!

Expecting a doji or similar for Tuesday session.

YM: 12083 highest odds short FTU. 12154 extreme short. 12027 range short. 11648 range long. 11305 - 11237 still the area to find highest odds long FTD on a new swing low. 11885 immediate range long.

Sunday, March 20, 2011

TraderSmarts Numbers for the YM - Monday March 21, 2011

Support becomes resistance and vice versa...

11785, 11842, 11891, 11922, 11992, 11998, 12027 Resistance on the YM Emini Futures

11751, 11732, 11692, 11648, 11590, 11545, 11472, 11395, 11375, 11305, 11237, 11159, 11108, 11032, 10988, 10614 Supports

Trade smart and trade well!

YM: 11998 - 11992 highest odds short FTU. 11922 - 11890 range short. 11648 range long. 11305 - 11237 still the area to find highest odds long FTD on a new swing low.

Thursday, March 17, 2011

TraderSmarts Numbers for the YM Emini Futures - Friday March 18, 2011

Support becomes resistance and vice versa...

11842, 11890, 11922, 11992, 12000 Resistance on the YM Emini Futures

11785, 11732, 11685, 11678, 11648, 11590, 11544, 11442, 11375, 11305, 11237, 11159, 11108, 11032, 10988, 10614 Supports

Trade smart and trade well!

YM: 12000 - 11992 highest odds short FTU. 11842 range short. 11648 conservative range long. 11732 aggressive range long. 11305 - 11237 area to find highest odds long FTD.

Wednesday, March 16, 2011

TraderSmarts Numbers for the YM Emini Futures - Thursday March 17, 2011

Support becomes resistance and vice versa...

11640, 11678, 11685, 11732, 11785, 11844, 11890, 11922, 11992, 12000 Resistance on the YM Emini Futures

11590, 11544, 11442, 11375, 11305, 11237, 11159, 11108, 11032, 10988, 10614 Supports

Trade smart and trade well!

YM: Expecting 11237 - 11159 to hold the low on Thursday session unless we have all out crash. Inside that range is highest odds long FTD. 12000 - 11992 highest odds short FTU. 11785 - 11732 range to find highest odds range short. 11678 - 11640 area to look for aggressive range short.

Tuesday, March 15, 2011

TraderSmarts Numbers for the YM Emini Futures - Wednesday March 16, 2011

Support becomes resistance and vice versa...

11830, 11859, 11890, 11918, 11944, 11968, 12019, 12059, 12075, 12106, 12138, 12171 Resistance on the YM Emini Futures

11732, 11713, 11691, 11636, 11594, 11563, 11530, 11473, 11442, 11407, 11375 Supports

Trade smart and trade well!

YM: 12171 and 11968 lines in the sand on bigger picture. Will need back over and holding 12171 to confirm uptrend. 12171 extreme short. 11998 (middle of 121019 - 11968 is highest odds short FTU. 11919 - 11890 range short. 11530 highest odds long FTD. 11732 - 11691 area to look for range long.

Monday, March 14, 2011

TraderSmarts Numbers for the YM Emini Futrues - Tuesday Feb 15, 2011

Support becomes resistance and vice versa...

11713, 11727, 11830, 11887, 11912, 11944, 11968, 12019, 12059, 12074, 12106, 12138, 12171 Resistance on the YM Emini Futures

11639, 11563, 11551, 11530, 11473, 11442, 11407, 11375 Supports

Trade smart and trade well!

YM: 12171 and 11968 lines in the sand on bigger picture. 12171 extreme short. 12074 - 12059 highest odds short FTU. and 11942 - 11912 conservative range short. 11887 - 11830 aggressive range short. 11727 - 11713 Was highest odds long on Monday and a huge inflection point. 11375 highest odds long FTD. 11563 - 11530 range long.

Sunday, March 13, 2011

TraderSmarts Numbers for the YM Emini Futures - Monday March 14, 2011

Support becomes resistance and vice versa...

11951, 11968, 12019, 12059, 12074, 12106, 12138, 12171, 12206 Resistance on the YM Emini Futures

11927, 11906, 11887, 11830, 11727, 11713, 11639, 11622 Supports

Trade smart and trade well!

Contract notes were completed prior to the Sunday open (I forgot to queue when I finished the daily update) so while still valid keep this in mind...

YM: 12171 and 11968 lines in the sand on bigger picture. So we got the 11830 test overnight on Thursday. If tested again it will be significant. Expect to probe higher for resistance before moving down to try for 11727. 12171 highest odds short FTU. 12074 - 12059 conservative range short. 11906 - 11887 range long. 11727 highest odds long FTD.

Thursday, March 10, 2011

TraderSmarts Numbers for the YM Emini Futures - Friday March 11, 2011

Support becomes resistance and vice versa...

TraderSmarts Numbers for the YM

11930, 11968, 11988, 12019, 12072, 12106, 12171 Resistance on the YM Emini Futures

11906, 11830, 11727, 11713, 11639, 11622 Supports

Trade smart and trade well!

We are now trading the M contract for YM

YM: 12171 and 11968 lines in the sand on bigger picture. Under and holding 11968 and expecting a test of 11830 or as low as 11727. 12074 highest odds short FTU. 12019 conservative range short. 11988 - 11968 aggressive range short and may be all we get. Both 11830 and 11727 excellent spots to consider long FTD.

TraderSmarts Numbers for the YM - Thursday March 10, 2011 Contract Rollover

Support becomes resistance and vice versa...

TraderSmarts Numbers for the YM

12117, 12127, 12138, 12147, 12186, 12206, 12239, 12277, 12338, 12413, 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!

These are Wednesday's Numbers for the MARCH CONTRACT - best to key off of the March contract for Thursday regardless of which contract you are trading. The contract notes still apply. Crazy day on Wednesday - exhibited signs of topping action. Makes sense that the next big move in equity is down.

My advice for rollover can be found here: How I Handle Contract Rollover
I would also add that if you can just trade something that is not rolling - makes it so much simpler.

YM: 12238 and 12027 KEY for big picture. If we snap and hold 12238 can expect 12338. If we break up and you are not long already 12277 is worth a shot short for potential BIL move if the actual move is going to be down - have to consider the context of the market. 12147 - 12117 is significant support to the downside ahead of 12027. This is high odds area to consider long in range. Under and holding 12117 and expecting snap of 12027 lows into 11898 first target.

Tuesday, March 8, 2011

TraderSmarts Numbers for the YM Emini Futures - Wednesday March 9, 2011

Support becomes resistance and vice versa...

12186, 12206, 12239, 12277, 12338, 12413, 12446 Resistance on the YM Emini Futures

12147, 12138, 12127, 12117, 12072, 12042, 12027, 12008, 11998, 11969, 11932, 11906, 11898, 11864, 11842, 11795 - 11785 Supports

Trade smart and trade well!

YM: 12238 and 12027 KEY for big picture. If we snap and hold 12238 can expect 12338. If we break up and you are not long already 12277 is worth a shot short for potential BIL move if the actual move is going to be down - have to consider the context of the market. 12147 - 12117 is significant support to the downside ahead of 12027. This is high odds area to consider long in range. Under and holding 12117 and expecting snap of 12027 lows into 11898 first target.

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.

Sunday, March 6, 2011

TraderSmarts Numbers for the YM Emni Futures - Monday March 7, 2011

Support becomes resistance and vice versa...

12142, 12197, 12221, 12239, 12277, 12338, 12406, 12446 Resistance on the YM Emini Futures

12077, 12042, 12027, 12008, 11998, 11969, 11932, 11906, 11898, 11864, 11842, 11795 - 11785 Supports

Trade smart and trade well!

YM: 12338 highest odds short FTU. 12446 extreme short. 12239 - 12221 conservative range short. 12197 aggressive range short. 11898 - 11864 highest odds long FTD. 11795 - 11785 extreme long. 12077 aggressive range long. 12008 - 11998 conservative spot to consider range long.

Friday, March 4, 2011

TraderSmarts Numbers for the 6E - Friday March 4, 2011

TraderSmarts Numbers for the 6E

1.4160, 1.4118, 1.4060, 1.4026 - 1.4021, 1.3988, 1.3960, 1.3925, 1.3910, 1.8885, 1.3870, 1.3855, 1.3837, 1.3817 (I left off the lower #'s out of range in deference to paying subscribers)

6E: FINALLY broke into the 1.3925 - 1.3870 area on 6E. Once price took out 1.3925 failed to get below on subsequent tests Thursday. Thursday was the second big white candle. Would make sense to get a 3rd white Friday or consolidation. Would be VERY surprised with a big red candle Friday.

1.4060 highest odds short FTU. 1.4026 - 1.4021 conservative range short. 1.3988 aggresive range short. 1.3912 aggressive range long. 1.3885 conservative range long. 1.3855 - 1.3834 highest odds long FTD.

Thursday, March 3, 2011

TraderSmarts Numbers for the YM Emini Futures - Friday March 4, 2011

Support becomes resistance and vice versa...

12277, 12328, 12338, 12406, 12446 Resistance on the YM Emini Futures

12240, 12221, 12186, 12175, 12141, 12105, 12089, 12077, 12046, 12027, 12008 - 11998, 11969, 11932), 11906, 11898, 11864, 11842, 11795 - 11785 Supports

Trade smart and trade well!

YM: 12338 - 12328 highest odds short FTU. 12446 - 12406 extreme short. 12277 aggressive range short. 11898 highest odds long FTD. 11795 - 11785 extreme long. 12175 aggressive range long. 12142 range long. 12089 - 12077 conservative spot to consider range long.

TraderSmarts Numbers for the YM Emini Futures - Thursday March 3, 2011

Support becomes resistance and vice versa...

12136, 12153, 12163, 12186, 12196, 12206, 12226, 12240, 12277, 12328, 12338 Resistance on the YM Emini Futures

12118, 12089, 12077, 12046, 12027, 12008 - 11998, 11969, 11932, 11906, 11898, 11864, 11842, 11795 - 11785 Supports

Trader smart and trade well!

YM: 12226 - 12196 highest odds short FTU. 12338 - 12328 extreme short. 12172 range short. 11898 highest odds long FTD. 11795 - 11785 extreme long. 12077 aggressive range long. 12027 range long.

Tuesday, March 1, 2011

TraderSmarts Numbers for the YM Emini Futures - Wednesday March 2, 2011

Support becomes resistance and vice versa...

11998 - 12008, 12027, 12046, 12077, 12089, 12118, 12136, 12153, 12163, 12186, 12226, 12240 Resistance on the YM Emini Futures

11969, 11932), 11906, 11898, 11864, 11842, 11795 - 11785 Supports

Trade smart and trade well!

YM: 12153 highest odds short FTU. 12118 range short. 12089 - 12077 aggressive short. 11795 - 11785 highest odds long FTD. 11898 range long.

TraderSmarts Numbers for the YM Emini Futures - Tuesday March 1, 2011

Support becomes resistance and vice versa...

12186, 12226, 12240, 12277, 12284, 12308, 12335, 12374, 12404, 12479 Resistance on the YM Emini Futures

12163, 12153, 12121, 12089, 12077 - 12071, 12049, 12027, 12008 - 11998, 11969, 11932, 11906, 11898, 11864 Supports

Trade smart and trade well!

12277 - 12240 highest odds short FTU. 12479 extreme short. 11898 highest odds long FTD. 12163 and 12121 two spots to consider aggressive range long. 12027 conservative range long.