Tuesday, June 18, 2013

TS TradePlan for the YM Emini Futures - Wednesday June 19, 2013

TraderSmarts Numbers for YM (U)
15515, 15498, 15377, 15365, 15315, 15287, 15279, 15265, 15252, 15220, 15206, 15195, 15175, 15157, 15153, 15136, 15121, 15105, 15072, 15057, 15044, 15025, 15016, 15011, 14994, 14984, 14940, 14884, 14869, 14814, 14741, 14702, 14646, 14633, 14570, 14535, 14513, 14311 Support / Resistance on the YM Emini Futures

YM Contract Notes: FOMC day.

Macro Technical View:  15218 Major Dow cash up target hit. 

New all time highs for the Dow.  Note that no major crash has taken place without first making new all time highs which we now have. 13133 and 15218 (target hit) on Dow cash are two macro areas of interest. 

YM Execution/Targets Zones:
15515 - 15498 Extreme Short
15377 - 15365 Highest Odds Short FTU
15315 Range Short
15195 - 15175 Range Long 
14057 - 15044 Highest Odds Long FTD
14648 - 14630 Extreme Long 

Trade smarts and trade well!

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