Sunday, June 30, 2013

TS TradePlan for the YM Emini Futures - Monday July 1, 2013

TraderSmarts Numbers for YM (U)
15515, 15498, 15377, 15365, 15315, 15287, 15279, 15265, 15252, 15220, 15206, 15195, 15175, 15157, 15153, 15136, 15121, 15105, 15086, 15072, 15057, 15044, 15025, 15016, 15011, 14994, 14984, 14940, 14924, 14897, 14884, 14869, 14852, 14814, 14781, 14754, 14741, 14702, 14669, 14646, 14630, 14570, 14535, 14513, 14504, 14469, 14444, 14414, 14409, 14390, 14311 Support / Resistance on the YM Emini Futures

YM Contract Notes:  No intraday bias. 

Macro Technical View:  15218 Major Dow cash up target hit.  We extended target cam back and hit macro support / last break out area at 14550 Dow cash and have started resuming back up. Does it continue? Trend up since 2009. Trend up since Thanksgiving. 

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:
15057 - 15044 Extreme Short
14940 - 14924 Highest Odds Short FTU
14884 - 14869 Range Short
14754 - 14741 Range Long 
14669 - 14646 Highest Odds Long FTD
14469 - 14444 Extreme Long 

Trade smarts and trade well!

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