Tuesday, April 30, 2013

TS TradePlan for the YM Emini Futures - Wednesday May 1, 2013

TraderSmarts Numbers for YM (M)
15311, 15243, 15155, 15000, 14940, 14921, 14907, 14875, 14842, 14838, 14810, 14790, 14774, 14762, 14742, 14727, 14712, 14698, 14685, 14671, 14648, 14630, 14611, 14595, 14585, 14560, 14547, 14533, 14506, 14490, 14477, 14460, 14447, 14439, 14412, 14403, 14385, 14376, 14356, 14343, 14318, 14305, 14286, 14263, 14234, 14212, 14159, 14144, 14114, 14048, 14017, 13996, 13980, 13957, 13946, 13899, 13879, 13868, 13822, 13803, 13740, 13456, 13322  Support / Resistance on the YM Emini Futures

YM Contract Notes: 14727 TS # Zone is LIS Wednesay. See Macro note below. 

Macro Technical View:  New all time highs for the Dow. 14048 TS # is Macro LIS. Favoring shorts early in week for c/b above 14648 - 14630 TS # then see if we can resolve below and let work potentially campaign. 

Note that no major crash has taken place without first making new all time highs which we now have. 13133 and 15218 on DOW Cash are two macro areas of interest. Beneficial to keep in mind prior Contract Notes. 

YM Execution/Targets Zones:
14921 - 14907 Extreme Short
14842 - 14838 Highest Odds Short FTU
14810 - 14790 Range Short
14727 - 14712 Range Long 
14648 - 14630 Highest Odds Long FTD
14490 - 1447 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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