Thursday, August 19, 2010

TraderSmarts Numbers for the YM Emini Futures - Friday August 20, 2010


Support becomes resistance and vice versa...

10243, (10297, 10327, 10353)*, 10396, 10411, 10451 Resistance on the YM Emini Futures

10225, 10163, 10141, 10104, (10059, 10023)* Supports

Trade smart and trade well!

YM: Try not to go into the day with a bias but thinking down. Viewing 10297 - 10353 as best short zone FTU. Will be surprised if the big DT target at 10163 is not hit Friday at a minimum. The 1069 DT target in ES was hit on Thursday. If short objective should be holding price under 10243 and then 10225 to get a flush. 10059 highest odds long FTD. 10353 highest odds short FTU.

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