Wednesday, January 23, 2013

TS TradePlan for the YM Emini Futures - Wednesday January 23, 2013

TraderSmarts Numbers for the YM 
13836, 13787, 13740, 13726, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289, 13278, 13261, 13254, 13245, 13237, 13221, 13212, 13198, 13181, 13173, 13158, 13147, 13125, 13103, 13084, 13078, 13054, 13039, 13033, 13009, 12998, 12986, 12967, 12946, 12934, 12895, 12887, 12881, 12847, 12827, 12816, 12807, 12772, 12699, 12693,12590, 12585, 12568, 12537, 12253 Support / Resistance on the YM Emini Futures

YM Contract Notes: 13523 Big extended target up has been hit. (No .19 Trin day from last week yet - this could either come in the form of TREND UP or TREND DOWN days). 13523 is Big Macro LIS. It is reasonable to look for a CIT keying on this 13523 TS # or expect continuation up to 13836 TS #. 

Macro Technical View: 13523 is extended target up (now hit Thursday Jan 17 2013). 13261 - 13245 TS # Zone has not been tested since Tuesday Jan 8th 2013. Likely CIT down from 13523 target once hit. Inability to fail at 13523 and 13836 TS #  is next big upside target. Favoring shorts into resistance on a macro level.

YM Execution/Targets Zones:
13836 Extreme Short 
13787 Highest Odds Short FTU
13740 - 13726  Range Short
13644 - 12631 Range Long 
13504 - 13474 Highest Odds Long FTD
13456 - 13433  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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