Friday, January 7, 2011

TraderSmarts Numbers for the YM Emini Futures - Friday January 7, 2011

Support becomes resistance and vice versa...

11679, 11717, 11750, 11797 Resistance on the YM Emini Futures

11652, 11616, 11602, 11578, 11528, 11512 - 11506, 11481, 11439, 11350, 11320, 11252 Supports

Trade smart and trade well!

NFP 5:30 AM PST

YM: Extreme: 11750 highest odds short FTU. 11439 highest odds long FTD. 11528 an aggressive long. 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.

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