Support becomes resistance and vice versa...
12440, 12464, 12470, 12488, 12522, 12555, 12559 Resistance on the YM Emini Futures
12390, 12408, 12376, 12352, 12335, 12312, 12272, 12230, 12200, 12179, 12164, 12149, 12135, 12112, 12096, 12065, 12047 - 12040, 12028, 12005, 11990, 11953, 11918, 11875, 11860 Supports
Trade smart and trade well!
Focus on the Contract Notes not that many changes in the TS #'s. Need vertical development. Oil rolls this week. See the CL notes and what expectation is. Focus on where price is at and trade it.
YM: 12599 extreme short. 12522 highest odds short FTU. Still. Would not be surprised to see probe over yest highs followed by selling again. 12488 - 12440 big zone for range short. Still. This is the zone that keeps holding. 12376 - 12352 important zone below and now the range long. 12230/12200/12179 TS # zone is highest odds long FTD. 12047 - 12005 extreme long.
For ES 6E CL and GC TraderSmarts Numbers + Trade Alerts click here www.tradersmarts.net
Tuesday, January 17, 2012
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