Updated TraderSmarts Numbers for the YM Emini Futures - Tuesday April 17, 2012

Support becomes resistance and vice versa...

12857, 12885, 12903, 12926, 12949, 12965, 12989, 13003, 13011, 13018, 13036, 13074, 13086, 13097, 132109, 13115, 13127, 13171 Resistance on the YM Emini Futures

12820, 12814, 12786, 12774, 12765, 12738, 12723, 12696, 12660, 12640, 12610, 12597, 12581, 12577, 12559, 12545, 12442, 12414, 12381, 12342, 12310, 12287 Supports

Trade smart and trade well!

I've talked about this a lot in the alerts but we need to be using the Range, Highest Odds, and Extremes not just for trade entries but also as targets. If we are not taking advantage of moves INTO the Range, Highest Odds, and Extremes we are missing out on a very important aspect of the TraderSmarts Numbers. Prices want to test the important TraderSmarts Numbers. The contract notes are important.

Contract Notes:

YM: 13097 - 13074 and 13011 extreme shorts/targets. 12947 highest odds short FTU. 12903 - 12885 range short. 12820 - 12814 aggressive range long. 12786 - 12765 highest odds long FTD. 12738 TS # is last line of defense for longs before another leg lower. Under and holding and can use as evidence that probable test of the 12610 - 12577 TS # Zone is on deck as immediate target. 12610 - 12577 and 12442 - 12414 extreme longs/targets.