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, 14651, 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. Heading into the 5th day of consolidation on the daily. No bias - plan to trade what sets up.
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. 5/24 high and 6/22 low in a battle...which breaks first.
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
14651 - 14630 Highest Odds Long FTD
14469 - 14444 Extreme Long
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