Thursday, January 24, 2013

TS TradePlan for the YM Emini Futures - Friday January 25, 2013

TraderSmarts Numbers for the YM 
13882, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 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). 12523 and 12836 are Big Macro TS #'s and act as Big Macro LIS.

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. 12836 extended target over 12523 nearly hit. 

Note: Ticked into 13818 Thursday 18 ticks below the TS #.  Heavily favoring shorts on macro level into 13836 TS # expecting rotation down to test 13523 TS # minimum and likely lower. 

YM Execution/Targets Zones:
13882 Extreme Short 
13841 - 13836 Highest Odds Short FTU
13787 - 13773 Range Short
13726 Range Long 
13644 - 12631 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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