13836, 13787, 13740, 13726, 13709, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289, 13278, 13261, 13254, 13245, 13237, 13221, 13212, 13198, 13181, 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: 13523 Big extended target up has been hit. (No .19 Trin day from last week yet - this could either come in the form of TREND UP or TREND DOWN days). 13523 is Big Macro LIS. It is reasonable to look for a CIT keying on this 13523 TS # or expect continuation up to 13836 TS #.
Macro Technical View: 13523 is extended target up (now hit Thursday Jan 17 2013). 13261 - 13245 TS # Zone has not been tested since Tuesday Jan 8th 2013. Likely CIT down from 13523 target once hit. Inability to fail at 13523 and 13836 TS # is next big upside target. Favoring shorts into resistance on a macro level.
Alert doji on daily Wednesday (setting up potential evening star) inside 13836 - 13523 TS Macro Zone to expect potential micro or macro CIT. Heavily favoring shorts on macro level into 13836 TS # expecting rotation down to test 13523 TS # minimum and likely lower.
YM Execution/Targets Zones:
13836 Extreme Short
13787 Highest Odds Short FTU
13740 - 13726 Range Short
13644 - 12631 Range Long
13504 - 13474 Highest Odds Long FTD
13456 - 13433 Extreme Long
Support becomes resistance and vice versa...
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