Wednesday, June 25, 2014

TS TradePlan for the YM E-mini Dow Futures - Wednesday June 25, 2014

TraderSmarts Numbers for YM (U)
17192, 17114, 17041, 17015, 17002, 16985, 16924, 16907, 16898, 16862, 16844, 16830, 16821, 16801, 16794, 16777, 16749, 16728, 16696, 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: 16728 TS # is LIS Wednesday. 

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

YM Execution/Targets Zones:
17015 - 16985 Extreme Short
16862 - 16844 Highest Odds Short FTU
16794 - 16777 Range Short
16696 - 16687 Range Long
16566 Highest Odds Long FTD
16432 - 16412 Extreme Long

Trade smart and trade well!

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