Support becomes resistance and vice versa...
12944, 12968, 12990, 13006, 13024, 13065, 13074, 13096, 13113, 13130, 13170, 13224, 13247 Resistance on the YM Emini Futures
12928, 12906, 12875, 12859, 12830, 12814, 12800, 12772, 12756, 12728, 12709, 12695, 12666, 12638, 12610, 12582, 12545, 12522, 12502, 12488, 12464, 12433, 12408, 12390, 12376, 12352, 12335, 12312, 12272, 12230, 12200, 12179, 12164, 12149 Supports
Trade smart and trade well!
YM: 12968 remains the line in the sand. 12875 needs to become resistance to sustain a move lower into the 12814 - 12756 zone. 13247 - 13224 extreme short. 13096 - 13065 highest odds short FTU. 12990 - 12968 range short. 12875 range long. 12814 - 12756 big zone for highest odds long FTD. 12695 -12666 extreme long. 12638 - 12610, 12582 - 12545, 12464, 12408 - 12390, 12335 - 12312, 12230 - 12179, and 12047 - 12005 all important below.
To keep in mind: The first time YM touched the Key 12968 TS # was
2/19/11 when it gapped up and hit 13024 TS # to the tick. That was 16
days ago. 16 days. Why that is significant is because in those 16 days
the highest the YM has been able to go was 13042 on 2/29/11. Not much
progress over the Key 12968 TS #.
A lot of things this week... Super Tuesday, March 8th and then NFP
(delayed a week). For market to move away from this 12968 TS #, in
either direction, it needs a catalyst.
ES 6E CL GC YM TraderSmarts Numbers + Live Trade Alerts here www.tradersmarts.net
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