Tuesday, November 5, 2013

TS TradePlan for the YM Emini Futures - Wednesday November 6, 2013

TraderSmarts Numbers for YM (Z)
15925, 15852, 14755, 15742, 15732, 15679, 15666, 15646, 15624, 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: Expectation is containment at HOS FTU and potentially a move back to close near 15624 15588. Would be sniffing dogs on daily YM signaling ultimate indecision ahead of FOMC on Friday and also signaling a big move ahead. 

Macro Technical View: HOS FTU looks like a target.

YM Execution/Targets Zones:
15925 Extreme Short
15755 - 15732 Highest Odds Short FTU
15646 Range Short
15508 Range Long 
15415 - 15404 Highest Odds Long FTD
15303 - 15290 Extreme Long

Trade smart and trade well!

No comments: