Monday, June 9, 2014

TS TradePlan for the YM Emini Futures - Tuesday June 10, 2014

TraderSmarts Numbers for YM (M)
17247, 17127, 17053, 17048, 17013, 16970, 16936, 16919, 16892, 16878, 16857, 16834, 16818, 16782, 16769, 16754, 16739, 16717, 16700, 16696, 16692, 16661, 16646, 16633, 16622, 16600, 16593, 16585, 16577, 16568, 16550, 16538, 16530, 16511, 16502, 16488, 16464, 16458, 16446, 16432, 16414, 16409, 16390, 16381, 16364, 16353, 16334, 16317, 16304, 16288, 16279, 16268, 16253, 16242, 16229, 16216 Support and resistance on the YM E-mini Futures. 

YM Contract Notes: Doji on Monday. 

Macro Technical View: 16025 TS # is key macro tested from above in April. Now trading at new all time highs. Contract roll in to settlement could be a decent enough catalyst to expect some type of CIT in equity. 

YM Execution/Targets Zones:
17247 Extreme Short
17053 - 17048 Highest Odds Short FTU
16970 Range Short
16878 Range Long
16834 - 16818 Highest Odds Long FTD
16502 - 16488 Extreme Long

Trade smart and trade well!

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