Tuesday, May 14, 2013

TS TradePlan for the YM Emini Futures - Tuesday May 14, 2013

TraderSmarts Numbers for YM (M)
15333, 15311, 15243, 15210, 15193, 15175, 15155, 15097, 15079, 15062, 15056, 15022, 15015, 15000, 14986,  14977, 14942, 14921, 14907, 14875, 14840, 14828, 14816, 14810, 14790, 14774, 14762, 14742, 14727, 14707, 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: Support Friday and again Monday at 15022 - 15015 TS # Zone. I'm keeping it simple Tuesday and keeping the focus on TS #'s and Execution / Target Zones. Only change in TS #'s is addition of 15193 TS #. Watch Range Long in ES for support in YM Tuesday. Could be considered Aggressive Range Long and a likely "hold" spot if we march to 15175 TS # Target. 

Macro Technical View:  15175 TS # standing out as target up. 14707 below. 

New all time highs for the Dow. 14048 TS # is Macro LIS. 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 (in light of move up since end of 2012). 

YM Execution/Targets Zones:
15243 Extreme Short
15175 - 15155 Highest Odds Short FTU
14097 - 15079 Range Short
14986 - 14977 Range Long 
14907 Highest Odds Long FTD
14828 - 14816 Extreme Long 

Trade smart and trade well!

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