Wednesday, March 19, 2014

TS TradePlan for the YM Emini Futures - Thursday March 20, 2014

TraderSmarts Numbers for YM (M)
16458, 16431, 16390, 16376, 16317, 16300, 16279, 16268, 16242, 16229, 16216, 16204, 16176, 16161, 16139, 16132, 16117, 16099, 16091, 16078, 16066, 16058, 16052, 16025, 15989, 15979, 15972, 15965, 15926, 15883, 15874, 15863, 15857, 15810, 15795, 15761, 15754, 15685, 15660, 15625, 15566, 15510, 15418, 15145 Support and resistance on the YM E-Mini Futures

YM Contract Notes: Focusing on Execution/Target Zones. 

Macro Technical View: We stopped 1 tick above our 15275 - 15255 TS # Zone that was the CIT target for H contract and reversed up hard. Expectation is the 15276 H contract lows are vulnerable and as has been in TS TradePlan since Sunday March 9, 2014 we have been favoring the short side. See no reason to stop favoring shorting bounces on a macro level.  

YM Execution/Targets Zones: 
16390 - 16376 Extreme Short
16229 - 16216 Highest Odds Short FTU
16176 - 16161 Range Short
16025 Range Long 
15979 - 15965 Highest Odds Long FTD
15874 - 15863 Extreme Long 

Trade smarts and trade well!

YM TS TradePlan Chart for the E-Mini Dow - Wedneday March 19, 2014


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