Sunday, May 5, 2013

TS TradePlan for the YM Emini Futures - Monday May 6, 2013

TraderSmarts Numbers for YM (M)
15333, 15311, 15243, 15210, 15155, 15015, 15000, 14940, 14921, 14907, 14875, 14842, 14838, 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: Squeeze on NFP. No reason to reverse Monday. Look for short Execution Target Zones to be hit and Long Execution Target Zones to give support. See Macro note below. 

Macro Technical View:  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. 

YM Execution/Targets Zones:
15333 - 15311 Extreme Short
15155 Highest Odds Short FTU
15015 Range Short
14828 Range Long 
14774 Highest Odds Long FTD
14707 Extreme Long 

Trade smart and trade well!

No comments: