TraderSmarts Numbers for the YM
12982, 12971, 12943, 12919, 12872, 12856, 12838, 12812, 12801, 12777, 12757, 12724, 12717, 12711, 12687, 12669, 12658, 12635, 12603, 12553, 12542, 12505, 12486, 12474, 12453, 12433, 12414, 12400, 12360, 12325, 12305, 12262, 12226 Support / Resistance on the YM Emini Futures.
YM Contract Notes: Since the rally off the lows starting 6/4/12 we didn't get two consecutive down days in a row until 7/5/2012. Since 7/5/2012 we have closed down ever since. Closed down Wednesday but not bad. Closed down again Thursday but not bad! We are about one bad close away from raising heads or one big white stick if we can't get a violent close. Friday the 13th sets up the perfect scenario...we shall see how it plays out. 12453 - 12474 was Range Long Thursday and 12262 - 12226 was Highest Odds Long, note how the Long Zones have shifted up a bit.
YM Execution/Targets Zones:
12777 Extreme Short
12687 - 12669 Highest Odds Short FTU
12569 - 12553 Range Short
12474 - 12453 Range Long
12360 - 12325 Highest Odds Long FTD
12262 - 12226 Extreme Long
Support becomes resistance and vice versa...
Trade smart and trade well!
ES YM 6E CL GC TraderSmarts Numbers + Contract Notes + Execution/Target Zones www.tradersmarts.net
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