TraderSmarts Numbers for YM (U)
15689, 15568, 15532, 15515, 15498, 15489, 15465, 15442, 15412, 15391, 15377, 15365, 15345, 15330, 15315, 15287, 15279, 15265, 15252, 15241, 15225, 15206, 15195, 15175, 15161, 15153, 15136, 15121, 15105, 15086, 15072, 15057, 15044, 15025, 15016, 15011, 14994, 14984, 14959, 14940, 14924, 14897, 14884, 14869, 14852, 14814, 14781, 14754, 14741, 14702, 14669, 14651, 14646, 14630, 14570, 14535, 14513, 14504, 14469, 14444, 14414, 14409, 14390, 14311 Support / Resistance on the YM Emini Futures
YM Contract Notes: 15412 LIS Thursday. Note that 15412 is a Macro up TS # target and could be a pivotal TS # for potential CIT (we have been consolidating around it for 5 days) . Plan is to remain nimble and focus on TS #'s and Execution/Target Zones. 15315 - 15287 in middle of Range Long and HOL FTD is significant but did not make the Execution/Target Zones.
Macro Technical View: 15218 Major Dow cash up target hit. We extended target came 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. 5/22 high taken out. Potential for BIL move high and test of macro support below.
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. Over 15218 TS # target hit and holding...and can target the 16278, 16466, 16654 TS #'s above with 15865 TS # along the way in Dow cash. Note we have two consecutive closes on daily above 15218 TS # Dow cash.
YM Execution/Targets Zones:
15689 Extreme Short
15515 - 15498 Highest Odds Short FTU
15489 - 15465 Range Short
15377 - 15365 Range Long
15206 - 15195 Highest Odds Long FTD
14994 - 14984 Extreme Long
Trade smart and trade well!
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