Wednesday, July 14, 2010
TraderSmarts Numbers for the YM Emini Futures - Thursday July 15, 2010
Support becomes resistance and vice versa...
10319, 10365, 10406, 10451* Resistance on the YM Emini Futures
1266, 10233, 10168*, 10086, 10023, 9967, 9918 Supports
YM: Failure to sell when opportunity was present makes me think may want a test of 10451. Overnight spike confirms shorts are on the defensive. 10319 could be considered the Pivot Point for Thursday. 10365 which was the target of move up from Tuesday was hit on the o/n spike. 10451 highest odds short FTU. 10168 highest odds long FTD.
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