Support becomes resistance and vice versa...
12800, 12814, 12830, 13850, 13875, 13910, 13928, 12944, 12968, 12990, 13006, 13024, 13048, 13065, 13074, 13096, 13113, 13130, 13170, 13224, 13247 Resistance on the YM Emini Futures
12772, 12756, 12728, 12709, 12695, 12666, 12638, 12610, 12582, 12545, 12522, 12502, 12488, 12464, 12433, 12408, 12390, 12376, 12352, 12335, 12312, 12272, 12230, 12200 Supports
Trade smart and trade well!
YM: Finally movement away from 12968 TS #. Only took 17 days. 13024 - 13006 extreme short. 12928 - 12910 highest odds short FTU. 12875 - 12850 range short (strong). 12756 important pivot. 12695 -12666 highest odds long FTD. 12638 - 12610, 12582 - 12545, 12464, 12408 - 12390, 12335 - 12312, 12230 - 12179, and 12047 - 12005 all important below.
Notes from Tuesday update: To keep in mind: Since The first time YM touched the Key 12968 TS # was 2/19/11 when it gapped up and hit 13024 TS # to the tick. That as 16 days ago. 16 days. Why that is significant is because in those 16 days the highest the YM has been able to go was 13042 on 2/29/11. Not much progress over the Key 12968 TS #.
A lot of things this week... Super Tuesday, March 8th and then NFP (delayed a week). For market to move away from this 12968 TS #, in either direction, it needs a catalyst.
ES 6E CL GC YM TraderSmarts Numbers + Live Trade Alerts here www.tradersmarts.net
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