Monday, January 7, 2013

TS TradePlan for the YM Emini Futures - Tuesday January 8, 2013

TraderSmarts Numbers for the YM 
13601, 13523, 13474, 13445, 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: 13289 LIS Tuesday. Huge gap up over 12946 and back into 13245 TS #. 13523 is extended target up of over 13337 and holding. Expecting a TRIN day soon. 

Macro Technical View: 12946 TS # is Big Pic LIS. If we can sustain above 13245 TS # 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. << We are back to above Key 13245 here. <<<Tuesday Favoring longs into 13245 targeting 13523 if we get move below 13245 TS # note where HOL FTD is.

YM Execution/Targets Zones:
12601 Extreme Short 2
13523 Extreme Short 1
13445 Highest Odds Short FTU
13337 Range Short
13261 - 13245  Range Long 
13084 - 13078 Highest Odds Long FTD
12967  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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