Tuesday, January 7, 2014

TS TradePlan for the YM Emini Futures - Wednesday January 8, 2014

TraderSmarts Numbers for YM (H)
16843, 16701, 16555, 16545, 16530, 16496, 16484, 16467, 16434, 16422, 16404, 16398, 16372, 16364, 16348, 16314, 16296, 16285, 16270, 16236, 16205, 16154, 16139, 16112, 16067, 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 Support and Resistance on the YM Emini Futures

YM Contract Notes: There is a CIT target in Macro Technical View. FOMC minutes are out today. 

Macro Technical View: New highs on FOMC with some strong negative divergences on the daily. 15275 - 15255 CIT target below. Can get higher targets.  

YM Execution/Targets Zones:
16843 Extreme Short
16701 Highest Odds Short FTU
16555 - 16530 Range Short
16404  - 16372 Range Long 
16284 - 16270 Highest Odds Long FTD
16112 Extreme Long 

Trade smart and trade well!

No comments: