Friday, July 18, 2014

TS TradePlan for the YM E-mini Dow Futures - Friday July 18, 2014

TraderSmarts Numbers for YM (U)
17192, 17128, 17114, 17071, 17050, 17041, 17022, 17015, 17002, 16985, 16972, 16955, 16942, 16933, 16924, 16907, 16898, 16888, 16862, 16844, 16833, 16810, 16794, 16777, 16757, 16749, 16728, 16718, 16696, 16687, 16670, 16658, 16642, 16630, 16625, 16611, 16604, 16582, 16566, 16545, 16510, 16495, 16462, 16437, 16432, 16412, 16403, 16380, 16372, 16347, 16329, 16289, 16264, 16200, 16170 Support and resistance on the YM E-mini Dow Futures.

YM Contract Notes: Still favoring shorting bounces (new highs) keyed to Execution/Target Zones. 16933 - 16924 TS # is LIS Friday. 

Macro Technical View: 16777 is Macro LIS. 16985 MTS can be used to for favorable positioning. 

YM Execution/Targets Zones:
17128 - 17114 Extreme Short
17002 - 16985 Highest Odds Short FTU
16955 Range Short
16810 - 16794 Range Long
16687 - 16670 Highest Odds Long FTD
15666 Extreme Long

 Trade smart and trade well!

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