13701, 13666, 13623, 13582, 13566, 13559, 13541,13532, 12509, 13487, 12468, 13457, 13442, 13422, 13404, 13397, 13375, 13361, 13344, 13314, 13288, 13257, 13243, 13227, 13219, 13205, 13189, 13167, 13152, 13125, 13107, 13096, 13078, 13038, 13028, 13019, 12999, 12988, 12974, 12950, 12914, 12896, 12870, 12838, 12823, 12809, 12801, 12784, 12776, 12672, 12644, 12562, 12501, 12452, 12433 Support / Resistance on the YM Emini Futures
YM Contract Notes: Testing supports that have not been tested since August 2012. Have what could be the second of Three Black Crows on daily. And bonds are breaking out (see the post I did yesterday). So the question is do we get the flush Friday or not? Obviously the answer is we don't know. It depends on what participants decide to do. So like we do everyday we establish our trade plan and execution/target zones and trade accordingly. The onus is definitely on buyers to step in.
YM Execution/Targets Zones:
13038 - 12999 Extreme Short
12896 - 12872 Highest Odds Short FTU
12838 - 12823 Range Short
12801 - 12784 Range Long
12672 - 12644 Highest Odds Long FTD
12452 - 12433 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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