14141, 13992, 13901, 13882, 13862, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 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 Support / Resistance on the YM Emini Futures
YM Contract Notes: 13836 LIS Tuesday. 13523 Big extended target up has been hit. 13836 big target of over 13523 hit. If we hold the 13245 TS # then will likely get new all time highs in the DOW as had been in the Contract Notes since end of 2012. However expecting tests of support below first (13523, 13245, maybe lower) for starters. Remember this has been first call for down since 1/8/2013 call for swing longs. (No .19 Trin day from last week yet - this could either come in the form of TREND UP or TREND DOWN days). Interesting that this has been an expectation for now since the last TRIN day up and not happened yet. Likely hood of hitting on open and trend down day increasing.
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 now hit Friday Jan 25, 2013.
Note: Ticked into Ticked into 13841 - 13836 Macro TS Zone. Heavily favoring shorts on macro level for c/b over 13836 expecting test of 13523 / 13245 below. 13245 decides new all time highs in DOW or not.
YM Execution/Targets Zones:
13992 Extreme Short
13901 Highest Odds Short FTU
13862 Range Short
13787 Range Long
13695 Highest Odds Long FTD
13456 - 13433 Extreme Long
Support becomes resistance and vice versa...
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