Wednesday, January 29, 2014

TS TradePlan for the YM Emini Futures - Wednesday January 29, 2014

TraderSmarts Numbers for YM (H)
16404, 16393, 16372, 16364, 16348, 16314, 16296, 16285, 16270, 16256, 16236, 16214, 16205, 16154, 16139, 16112, 16096, 16067, 16038, 16026, 16005, 15990, 15977, 15959, 15936, 15902, 15893, 15875, 15857, 15833, 15827, 15778, 15763, 15732, 15721, 15687, 15625, 15600, 15562, 15522, 15510, 15484, 15428, 15395 Support and Resistance on the YM Emini Futures

YM Contract Notes: Lower CIT target in Macro Technical View. We tried for up on Jan 21, 2014 and essentially failed. Can likely target the lower CIT target. FOMC announcement Wednesday.

Macro Technical View: 15275 - 15255 CIT target below. 17170 - 17116 Continuation target above.

YM Execution/Targets Zones:
16314 - 16296 Extreme Short
16112 - 16096 Highest Odds Short FTU
15977 - 15959 Range  Short
15857 Range Long 
15562 Highest Odds Long FTD
15510 Extreme Long 

Trade smart and trade well!

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