13474, 13375, 13354, 13350, 13337, 13329, 13309, 13289, 13278, 13261, 13245, 13237, 13228, 13212, 13173, 13158, 13147, 13125, 13103, 13084, 13078, 13054, 13039, 13033, 13009, 12998, 12986, 12967, 12946, 12934, 12895, 12887, 12881, 12847, 12827, 12816, 12807, 12772, 12699, 12693,12590, 12585, 12568, 12537, 12253 Support / Resistance on the YM Emini Futures
YM Contract Notes:
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. <<< Getting awfully close to 12585 aren't we?
Anyone who positioned for swing short at Execution/Target Zones on Wednesday 12/19/2012 per TS TradePlan was happily scaling heavily into 12946 TS # Big Pic LIS on Thursday 12/27/2012. Still in short bounces mode as last Wednesday highs have not been violated however we have now tested into KEY 12946 TS # from above. If we are to get a move back up on macro basis this 12946 TS # is what needs to hold. <<<<<<<<<<This was from Friday's Contract Notes. NOT A LOT MORE NEEDS TO BE SAID.
YM Execution/Targets Zones:
13039 - 13033 Extreme Short
12967 - 12961 Highest Odds Short FTU
12895 Range Short
12772 Range Long
12699 - 12693 Highest Odds Long FTD
12585 - 12586 Extreme Long 1
12537 Extreme Long 2
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
No comments:
Post a Comment