Sunday, July 15, 2012

TraderSmarts Numbers for the YM Emini Futures - Monday July 16, 2012


TraderSmarts Numbers for the YM 
12982, 12971, 12943, 12919, 12872, 12856, 12838, 12812, 12801, 12777, 12757, 12724, 12717, 12711, 12687, 12669, 12651, 12635, 12603, 12553, 12542, 12505, 12486, 12474, 12453, 12433, 12414, 12400, 12360, 12325, 12305, 12262, 12226, 12204, 12198, 12164, 12136, 12054, 12032, 12006, 11968, 11923, 11910, 11832, 11721 Suport / Resistance on the YM Emini Futures

YM Contract Notes: Since the rally off the lows starting 6/4/12 we didn't get two consecutive down days in a row until 7/5/2012. Since 7/5/2012 we have closed down ever since except last Friday the 13th. Onus is on bears to defend the highest odds short and bulls to defend the range long. 12651 could be considered aggressive range long and 12687 could be considered aggressive range short. 

YM Execution/Targets Zones:
12856 Extreme Short
12777 Highest Odds Short FTU
12724 - 12717 Range Short
12603 Range Long
12553 - 12542 Highest Odds Long FTD
12262 - 12226 Extreme Long

Support becomes resistance and vice versa...

Trader smart and trade well!

ES YM 6E CL GC TraderSmarts Numbers + Contract Notes + Execution/Target Zones www.tradersmarts.net

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