Support becomes resistance and vice versa...
10663, 10699, 10747, 10794*, 10833* Resistance on the YM Emini Futures
10612, 10570, 10536, 10461, 10403, 10362*, 10333, 10255 Supports
Trade smart and trade well!
SIX days of consolidation now. Expect a big move soon. Can FOMC today be the catalyst? We have 1155 big target with 1135.25 resistance along the way. A test of 1190.75 would make sense to me before going much over 1135.25.
Ideally at this point we get a move to 1135.25 - 1138.25 extreme that can be faded for a nice move back lower. We shall see - be prepared to trade whatever is presented.
YM: 10794 and 10833 highest odds short FTU. 10362 highest odds long FTD.
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