Tuesday, August 20, 2013

TS TradePlan for the YM Emini Futures - Wednesday August 21, 2013

TraderSmarts Numbers for YM (U)
15812, 15704, 15689, 15654, 15626, 15614, 15583, 15568, 15542, 15532, 15515, 15505, 15489, 15471, 15448, 15434, 15418, 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, 14931, 14924, 14897, 14884, 14868, 14852, 14818, 14814, 14798 Support / Resistance on the YM Emini Futures

YM Contract Notes: Got the test of 15206 TS # from above and then some last Thursday. Again big target hit to downside (with no test from below) likely leads to good opportunity in both directions early in the week. Monday and Tuesday very condensed ranges. FOMC minutes Wednesday. 

Macro Technical View: Can likely expect continued down into HOL FTD at 14884 - 14868 TS # Zone. 15206 TS # hit from above. 

YM Execution/Targets Zones:
15412 Extreme Short
15206 - 15195 Highest Odds Short FTU
15072 - 15057 Range Short
14940 - 14924 Range Long 
14884 - 14868 Highest Odds Long FTD
14818 - 14798 Extreme Long 

Trade smart and trade well!

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