Monday, July 29, 2013

TS TradePlan for the YM Emini Futures - Tuesday July 30, 2013

TraderSmarts Numbers for YM (U)
15812, 15689, 15654, 15626, 15617, 15583, 15568, 12538, 15532, 15515, 15505, 15489, 15465, 15449, 15434, 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 Support / Resistance on the YM E-mini Futures

YM Contract Notes: 15412 LIS Tuesday. Hammer on daily Thursday and out of Thursday's Range Long for LOD. Friday stick save after flush under Range Long and squeeze all day over Range Long. Big doji on the weekly. Another hammer / doji Monday. 15568 TS # likely in play.

Macro Technical View:  15218 Major Dow cash up target hit. 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 that 15412 YM is a Macro up TS # target and could be a pivotal TS # for potential CIT

YM Execution/Targets Zones:
15689 Extreme Short
15626 - 15617 Highest Odds Short FTU
15538 - 15532 Range Short
15412 14391 Range Long 
15225 - 15206 Highest Odds Long FTD
15072 - 15057 Extreme

Trade smart and trade well!

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