Wednesday, October 9, 2013

TS TradePlan for the YM Emini Futures - Thursday October 10, 2013

TraderSmarts Numbers for YM (Z)
15525, 15499, 15494, 15485, 15464, 15440, 15415, 15403, 15395, 15375, 15330, 15318, 15300, 15290, 15276, 15271, 15257, 15247. 15237, 15210, 15189, 15182, 15148, 15129, 15103, 15097, 15089, 15080, 15059, 15051, 15025, 15001, 14964. 14938, 14916, 14907, 14893, 14876, 14844, 14821, 14811, 14787, 14772, 14747, 14719. 14704, 14668, 14664, 14605, 14590, 14552, 14527, 14497, 14484, 14286 Support / Resistance on the YM Emini Futures

YM Contract Notes:  14747 remains LIS Thursday. 14844 is likely a fade short FTU but expectation is buyers have pushed price up that far we push through into Range Short. 

Macro Technical View: Evening Star on daily YM with 1 2 3 Divergence 9/18 - 9/20/2013.  Three Black Crows following the Evening Star. This is a market in search of support (buyers). HOL FTD on Wednesday at 14668 - 14664 could produce a nice bounce, but one that is likely shortable. 

YM Execution/Targets Zones:
15089 - 15080 Extreme Short
15001 Highest Odds Short FTU
14907 - 14893 Range Short
14704 Range Long 
14668 - 14664 Highest Odds Long FTD
14497 - 14484 Extreme Long 

Trade smart and trade well!

TS TradePlan Chart Review - Wednesday October 9, 2013



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