Sunday, October 21, 2012

TS TradePlan for the YM Emini Futures - Monday October 22, 2012

TraderSmarts Numbers for the YM 
13740, 13701, 13666, 13623, 13582, 13566, 13559, 13541,13532, 12509, 13487, 12468, 13457, 13442, 13422, 13404, 13397, 13361, 13344, 13314, 13295, 13277, 13253, 13236, 13228, 13205, 13182, 13152, 13125, 13107, 13083, 13067, 13038, 13031, 12950, 12870, 12809, 12801, 12774, 12672 Support / Resistance on the YM Emini Futures

YM Contract Notes: Last week we tested higher Monday - Thursday and then Friday we got below key 13457 TS # per Friday's Contract Notes and sold off to right back where we started the week. Expectation is we push down to test supports at the Long Execution/Target Zones at some point this week. 13361 remains the big picture LIS. 

YM Execution/Targets Zones:
13468 - 13457 Extreme Short
13404 - 13397 Highest Odds Short FTU
13361 Range Short
13182 - 13152 Range Long
13083 - 13067 Highest Odds Long FTD
13038 - 13031 Extreme Long

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

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