TraderSmarts Numbers for the YM
10773 – 10794, 10823, 10837, 10926, 10996 Resistance on the YM Emini Futures
10686, 10633, 10540, 10456 Supports
Trade smart and trade well!
YM: From Thursday: First close over the 10794 - 10773 Key Range since the "crash" last Thursday. Logic would say that IF we are to move up to higher areas from here then THAT key range would be support now.
YM closed at 10773 on the dot. Does this become support or do we move lower now? Friday holds the answer. I am viewing the entire area of 10773 - 10837 as a zone to try shorts for a potential move down to the low 10600's and lower. Over 10837 and I most likely won't short until 10926 or a little higher. Highest odds long FTD is 10540 and then 10456.
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