Monday, June 23, 2014

TS TradePlan for the YM E-mini Dow Futures - Tuesday June 24, 2014

TraderSmarts Numbers for YM (U)
17192, 17114, 17041, 17015, 17002, 16985, 16924, 16907, 16898, 16862, 16844, 16830, 16826, 16801, 16777, 16749, 16728, 16699, 16687, 16670, 16658, 16642, 16630, 16611, 16582, 16566, 16545, 16510, 16495, 16462, 16437, 16432, 16412, 16403, 16380, 16372, 16347, 16329, 16289, 16264, 16200, 16170, 16114, 16110, 16098, 16086 Support and Resistance on the YM E-mini Dow Futures

YM Contract Notes: 1959 ES M target hit. 16844 TS # is LIS Tuesday. 

Macro Technical View: We got volatility around contract roll / settlement as expected and then the grind up to 1959 M contract last week that was expected as well. Settlement was Friday. The next expectation is a potential CIT down to test ES 1900. 

YM Execution/Targets Zones:
17015 - 16985 Extreme Short
16924 Highest Odds Short FTU
16862 - 16844 Range Short
16777 Range Long
16749 - 16728 Highest Odds Long FTD
16566 Extreme Long

Trade smart and trade well!

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