TraderSmarts Numbers for YM (U)
15515, 15498, 15377, 15365, 15315, 15287, 15279, 15265, 15252, 15241, 15220, 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: NO intraday bias. Trading what sets up around Execution/Target Zones. First full week of a new month.
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. 5/22 high and 6/24 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. 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.
YM Execution/Targets Zones:
15515 - 15498 Extreme Short
15315 - 15287 Highest Odds Short FTU
15252 - 15241 Range Short
15121 - 15105 Range Long
15047 - 15044 Highest Odds Long FTD
14884 - 14869 Extreme Long
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