Support becomes resistance and vice versa...
12611, 12654, 12672, 12678, 12732, 12740 Resistance on the YM Emini Futures
12604, 12574, 12549, 12533, 12498, 12474, 12430, 12417, 12363, 13337, 12306, 12278, 12236, 12212, 12198 Supports
Trade smart and trade well!
YM: 12740 - 12732 extreme short. 12678 - 12672 highest odds short FTU. 12654 and 12611 - 12604 two areas to look for range short. I realize we are over the 12611 now. It is an important inflection point and the line in the sand for Thursday session. If we hold under this area then we can target the extreme long eventually. Holding over and extended target is the extreme short. 12533 - 12498 range long. 12212 - 12198 extreme long. 12430 - 12417 is important FTD but I am thinking that if we get through the 12474 TS # we could see some accelerated selling.
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