TraderSmarts Numbers for YM (H)
18043, 18037, 18000, 19773, 17957, 17952, 17939, 17898, 17883, 17853, 17844, 17821, 17802, 17775, 17771, 17754, 17734, 17704, 17661, 17642, 17616, 17588, 17544, 17521, 17505, 17490, 17474, 17460, 17446, 17440, 17389, 17370, 17353, 17341, 17296, 17278, 17183, 17158, 17127, 17092, 17073, 17050, 17018, 16985, 16970, 16950, 16919, 16895, 16866, 16858, 16845 Support and resistance on the YM E-mini Futures
YM Contract Notes: 17446 TS # is LIS Tuesday. Another strange day in the sense that Range Long / Range Short are 200 ticks apart. Pick your target (long or short) and hold for it. Yesterday (Monday) distance was 300 ticks and we had the largest daily range since 12/18/2014.
Macro Technical View: Rejection from 17955 MTS # in Z contract on last high. This high looks weak. Looking to short these highs heading into the new year. YM clients note that the MTS # target down from the weak high was hit in ES Monday at 2024.75 MTS # ES. Immediate bias shifts to neutral on initial target down hit.
YM Execution/Target Zones:
17853 Extreme Short
17661 - 17642 Highest Odds Short FTU
17616 - 17588 Range Short
17370 - 17353 Range Long
17341 Highest Odds Long FTD
17296 - 17278 Extreme Long
No comments:
Post a Comment