Support becomes resistance and vice versa...
12293, 12304, 12324, 10356, 12381 - 12389, 12422, 12464, 12545 Resistance on the YM Emini Futures
12268, 12235, 12206, 12185, 12171, 12140, 12122, 12088, 12049, 12015, 11989 - 11985, 11963 Supports
Trade smart and trade well!
YM: 12389 - 12324 highest odds short. 12268 - 12235 range long. 12049 - 12015 highest odds long FTD. 11989 - 11963 extreme long.
Leaving notes from last week up for bigger picture context: Equity continues to be stuck in this range. It keeps finding resistance intraday at the big 12381 - 12389 TS # range. So far the highest close on the daily is 12357. Expecting a big move to happen from here. 12324 remains KEY to hold under to initiate selling. 12422 highest odds short FTU and until proven otherwise will treat it as a potential BIL move FTU. 12270 - 12244 range long and also KEY line in the sand below 12324. Under and holding 12244 and can target 12171 which is highest odds long FTD. 11989 - 11963 extreme long. The way we have been building for something I could see a 300 point 1 day move on deck here soon.
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