Monday, October 15, 2012

TS TradePlan for the YM Emini Futures - Tuesday October 16, 2012

TraderSmarts Numbers for the YM 
13740, 13701, 13666, 13623, 13582, 13566, 13541,13532, 12509, 13481, 12462, 13442, 13434, 13422, 13397, 13364, 13359, 13344, 13314, 13295, 13277, 13253, 13236, 13228, 13205, 13182, 13152, 13125, 13107, 13083, 13067, 13038, 13031, 12950, 12870 Support / Resistance on the YM Emini Futures

YM Contract Notes: We are failing below 13364 - 13359. Target below is 13083 - 13067. Friday TRIN was bearish all day yet we held Friday's 13236 - 13228 Range Long as support all day. Was expecting this to break Friday and it didn't. Would not be surprised to see a flush early this week. <<< From Sunday for Tuesday I add that in spite of the daily candle Monday I am heavily favoring shorts Tuesday into Range and Highest Odds for push down to Highest Odds Long FTD.

YM Execution/Targets Zones:
13623 Extreme Short
13462 - 13481 Highest Odds Short FTU
13397 Range Short
13314 - 13295 Range Long
13182 - 13152 Highest Odds Long FTD
13083 - 13067 Extreme Long

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


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