Wednesday, December 19, 2012

TS TradePlan for the YM Emini Futures - Thursday December 20, 2012

TraderSmarts Numbers for the YM 

13474, 13375, 13354, 13350, 13337, 13329, 13309, 13289, 13278, 13261, 13245, 13237, 13228, 13212, 13173, 13158, 13147, 13125, 13103, 13084, 13078, 13033, 13009, 12998, 12986, 12966, 12946, 12934, 12895, 12887, 12881, 12845, 12827, 12816, 12807, 12772, 12699, 12590, 12585, 12568, 12253 Support / Resistance on the YM Emini Futures

YM Contract Notes: Lots of eco data Thursday. Could be the most volatile day of the week. 

Macro Technical View: 12946 TS # is Big Pic LIS.  If we can clear 13245 TS # above and hold then we very likely will get new all times highs in the Dow. Under 12585 TS # and holding and we likely get another 1000 points down. Favoring positioning for swing short at Execution/Target Zones Wednesday. <<If you got this off, good on you. Now see if it holds.

YM Execution/Targets Zones:
13474 Extreme Short
13289 - 13261 Highest Odds Short FTU
13245 Range Short
13158 - 13147 Range Long 
13084 - 13078 Highest Odds Long FTD
12934 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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