Monday, June 18, 2012

TraderSmarts Numbers for the YM Emini Futures - Tuesday June 19, 2012

Support becomes resistance and vice versa... 
  
12658, 12665, 12692, 12711, 12717, 12732, 12751, 12776, 12800, 12876, 12943, 12982 Resistance on the YM Emini Futures

12626, 12606, 12590, 12559, 12538, 12522, 12503, 12474, 12453, 12438, 12414, 12400, 12360, 12325, 12305, 12262, 12226, 12198 Supports

Trade smart and trade well!
  
Experimenting with some new formats for the update. Input always welcome...

YM: Second consecutive Sunday gap up in equity. Last Sunday's gap was filled on Monday. Now this gap was filled Monday as well. FOMC meeting Wednesday. Strong resistance 12717  12711. Shorts taken into 12751 top of Range Short are with the expectation that we can get back under and hold the 12717 - 12711 TS # Zone. Over and holding this 12717 - 12711 and can target 12876 TS #. Strong support 12522 - 12453. Below and can target 12262 - 12226.

YM: Execution/Targets Zones
12982 Extreme Short
12943 Highest Odds Short FTU
12751 - 12732 Range Short
12717 - 12711 Aggressive Range Short and line in the sand for higher.
12626 - 12606 Range Long
12522 Highest Odds Long FTD
12453 Extreme Long

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