Wednesday, May 15, 2013

TS TradePlan for the YM Emini Futures - Wednesday May 15, 2013

TraderSmarts Numbers for YM (M)
15333, 15311, 15243, 15232, 15210, 15193, 15175, 15155, 15115, 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 Support / Resistance on the YM Emini Futures

YM Contract Notes: See Macro Tech View below...

Macro Technical View:  15175 TS # standing out as target up. << 15175 target up hit. 15218 Dow cash target  hit. Favoring shorts keying on Execution/Target Zones. 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:
15333 - 15311 Extreme Short
15243 - 15232 Highest Odds Short FTU
15193 - 15175 Range Short
15115 Range Long 
14986 - 14977 Highest Odds Long FTD
14828 - 14816 Extreme Long 

Trade smart and trade well!

No comments: