Monday, May 6, 2013

TS TradePlan for the YM Emini Futures - Tuesay May 7, 2013

TraderSmarts Numbers for YM (M)

15333, 15311, 15243, 15210, 15155, 15015, 15000, 14940, 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: Squeeze on NFP. Consolidation Monday. Look for short Execution Target Zones to be hit and Long Execution Target Zones to give support. See Macro note below.  Using Range Short as LIS for direction / trend day. 
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:
15155 Extreme Short
15015 Highest Odds Short FTU
14921 - 14907 Range Short
14828 - 14816 Range Long 
14774 Highest Odds Long FTD
14707 Extreme Long 

Trade smart and trade well!

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