Tuesday, May 11, 2010

TraderSmarts Numbers for the YM Emini Futures - Wednesday May 12, 2010

Support becomes resistance and vice versa...

10704, 10759, 10773 – 10794*, 10837, 10926 Resistance on the YM Emini Futures

10603, 10540, 10508*, 10456*, 10400, 10364 Supports

Trade smart and trade well!

YM: The 10773 - 10794 zone has proven itself HUGE. Highest odds short FTU is this zone on Wednesday. Tuesday we took out that zone and got the reversal at the 10837. Anything over 10794 has squeeze potential of 300 pts higher. Highest odds long FTD is 10508 and then 10456. 10540 is a decent long FTD.

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