Wednesday, January 5, 2011

TraderSmarts Numbers for the YM Emini Futures - Thursday January 6, 2011

Support becomes resistance and vice versa...

11655, 11676, 11717, 11750 Resistance on the YM Emini Futurs

11625, 11602, 11578, 11528, 11512 - 11506, 10481, 10439, 11350, 11320, 11252, 11231 Supports

Trade smart and trade well!

YM: Extreme: 11717 highest odds short FTU. 11439 highest odds long FTD. Price finally touched the 11538. I am starting to look for an intermediate top to be in - I think about 11717 MAX before we see some type of correction. A quick 500 point drop down to 11100 or so would not surprise me.

Range: 11717 highest odds short FTU. 11603 highest odds long FTD.

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