Thursday, January 17, 2013

TS TradePlan for the YM Emini Futures - Friday January 18, 2013

TraderSmarts Numbers for the YM 
13836, 13740, 12680, 13661, 12601, 12573, 13523, 13488, 13474, 12466, 13445, 12433, 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 extended target up (now hit) and now Friday LIS. We got the TRIN day last Thursday had been expecting. Expecting another TRIN day soon or TRIN down day where TRIN touches .19 or so. So far over 13523 and no .19 TRIN tick....

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. 

YM Execution/Targets Zones:
13836 Extreme Short 
13680 - 13661 Highest Odds Short FTU
13601 Range Short
13488 - 13474  Range Long 
13339 - 13329 Highest Odds Long FTD
13289  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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