Friday, February 21, 2014

TS TradePlan for the YM Emini Futures - Friday February 21, 2014

TraderSmarts Numbers for YM (H)
16370, 16355, 16284, 16236, 16220, 16214, 16205, 16154, 16139, 16112, 16096, 16067, 16058, 16038, 16026, 16018, 16005, 15990, 15977, 15959, 15950, 15936, 15924, 15902, 15893, 15875, 15857, 15833, 15827, 15823, 15812, 15787, 15778, 15763, 15732, 15722, 15711, 15696, 15687, 15656, 15625, 15616, 15600, 15575, 15562, 15540, 15522 Support and resistance on the YM E-Mini Futures.

YM Contract Notes: We may get one or two more days of up but favoring picking a spot to stalk short for swing basis. <<< Wednesday high may have been it. 

Macro Technical View: 15275 - 15255 CIT target below. Stopped 1 tick above CIT target and reversed up. Search for sellers immediate but will be surprised if the 15276 low is not tested prior to swing highs. 

YM Execution/Targets Zones:
16284 Extreme Short
16220 - 16205 Highest Odds Short FTU
16154 Range  Short
16038 - 16018 Range Long 
15936 - 15924 Highest Odds Long FTD
15833 - 15823 Extreme Long 

Trade smarts and trade well!

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