Thursday, December 26, 2013

TS TradePlan for the YM Emini Futures - Friday December 27, 2013

TraderSmarts Numbers for YM (H)
16843, 16701, 16555, 16545, 16484, 16467, 16422, 16411, 16398, 16372, 16364, 16348, 16314, 16296, 16270, 16236, 16205, 16154, 16139, 16112, 16038, 16026, 16005, 15990, 15971, 15959, 15936, 15902, 15893, 15875, 15857, 15833, 15827, 15778, 15763, 15732, 15721, 15687, 15625, 15600, 15562, 15522, 15510, 15484, 15428, 15395, 15375, 15355, 15275, 15255, 15209, 15161, 15085, 15066, 15030, 14964 Support / Resistance on the YM Emini Futures

YM Contract Notes: Resting at highs of the year with a week left. Under Extreme Long and can go to any low. 

Macro Technical View: New highs on FOMC with some strong negative divergences on the daily. Price is catching up a bit with this move Christmas week but still have the valid 15275 - 15255 CIT target below

YM Execution/Targets Zones:
16701 Extreme Short
16555 - 16545 Highest Odds Short FTU
16484 - 16467 Range Short
16364 Range Long 
16270 Highest Odds Long FTD
16205 Extreme Long 

Trade smart and trade well!

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