TS TradePlan for the YM Emini Futures - Monday April 22, 2013

TraderSmarts Numbers for YM (M)

15311, 15243, 15155, 15000, 14921, 14907, 14842, 14838, 14790, 14774, 14762, 14742, 14727, 14712, 14671, 14648, 14630, 14611, 14595, 14585, 14560, 14547, 14533, 14506, 14490, 14477, 14447, 14439, 14412, 14403, 14385, 14376, 14356, 14343, 14318, 14305, 14286, 14263, 14234, 14212, 14159, 14144, 14114, 14048, 14017, 13996, 13980, 13957, 13946, 13899, 13879, 13868, 13822, 13803, 13740, 13456, 13322 Support / Resistance on the YM Emini Futures

YM Contract Notes: 14447 - 14439 Sunday / Monday LIS. 14305 between HOL FTD and Extreme is also important support. 14412 Key LIS for sellers to gain control of. If for some reason we squeeze and take out Extreme Short (not expected) we can go to any high.

Macro Technical View:  New all time highs for the Dow. 14048 TS # is Macro LIS. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Multiple big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992, 14148, 14338. The only TS # that has been tested from above after breaking over was 13836 on 2/21/13 and again on 2/25/13. A correction was attempted after the .19 TRIN tick on 2/15/2013 and again 4/3 - 4/5 but since March 1 short squeeze has been in effect.

Still think we are imminently close to at least an intermediate CIT. <<< Got the biggest down candle of  2013 on Monday 4/15/2013 and last Monday's high remained the weekly high.

Also of note that no major crash has taken place without first making new all time highs which we now have.  13133 and 15218 on DOW Cash are two macro areas of interest. 

YM Execution/Targets Zones:

14648 - 14634 Extreme Short

14595 - 14585 Highest Odds Short FTU

14490 - 14477 Range Short

14385 - 14376 Range Long 

14234 - 14212 Highest Odds Long FTD

15159 - 14144 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