Wednesday, May 8, 2013

TS TradePlan for the YM Emini Futures - Wednesday May 8, 2013

TraderSmarts Numbers for YM (M)
15333, 15311, 15243, 15210, 15175, 15155, 15097, 15056, 15022, 15015, 15000, 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: Squeeze on NFP. Consolidation Monday. Continuation Tuesday. Paying attention to ES short Execution/Target Zones inline with YM.

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:
15175 Extreme Short
15097 Highest Odds Short FTU
15022 - 15015 Range Short
14942 Range Long 
14828 - 14816 Highest Odds Long FTD
14707 Extreme Long 

Trade smart and trade well!

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