Support becomes resistance and vice versa...
12047, 12125, 12164 Resistance
12008 - 11998, 11972, 11932, 11907, 11893, 11873, 11854, 11822, 11794, 11750
Trade smart and trade well!
YM: NFP Friday and I am still expecting a massive squeeze higher in equity. Last Friday we had a crushing red candle. I am expecting this Friday to be a huge white candle. Expecting to close the week at the highs in equity and for this Friday to be a complete inversion of last Friday.
Each resistance level is an excellent spot to consider short. The higher we go up the higher the odds become for a reversal. So 12164 is the highest odds short FTU. 11872 - 11854 highest odds long FTD. 11972 excellent spot to consider long.
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