Wednesday, November 13, 2013

TS TradePlan for the YM Emini Futures - Thursday November 14, 2013

TraderSmarts Numbers for YM (Z)
16054, 15925, 15886, 15852, 15847, 15818, 15808, 15786, 15769, 14755, 15742, 15732, 15717, 15679, 15666, 15646, 15624, 15616, 15598, 15588, 15576, 15565, 15533, 15525, 15508, 15494, 15485, 15477, 15464, 15440, 15415, 15404, 15393, 15375, 15359, 15340, 15330, 15316, 15303, 15290, 15276, 15271, 15257, 15247. 15237, 15210, 15202, 15188, 15165, 15148, 15131, 15119, 15103, 15097, 15089, 15080, 15064, 15059, 15051, 15025, 15009, 15001, 14970 Support / Resistance on the YM Emini Futures

YM Contract Notes: 15732 TS # is key. 

Macro Technical View: 15732 TS # was a destination target. Hit and rejected last Thursday. Favoring shorts targeting an eventual move to 15316. Bullish candle Wednesday but IMO can't put much conviction behind a daily candle here. Case in point 11/6 - 11/8/2013. 

YM Execution/Targets Zones:
16054 Extreme Short
15886 Highest Odds Short FTU
15818 Range Short
15742 - 15732 Range Long 
15717 Highest Odds Long FTD
15626 - 15616 Extreme Long  

Trade smart and trade well!

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