Sunday, June 23, 2013

TS TradePlan for the YM Emini Futures - Monday June 24, 2013

TraderSmarts Numbers for YM (U)
15515, 15498, 15377, 15365, 15315, 15287, 15279, 15265, 15252, 15220, 15206, 15195, 15175, 15157, 15153, 15136, 15121, 15105, 15086, 15072, 15057, 15044, 15025, 15016, 15011, 14994, 14984, 14940, 14924, 14897, 14884, 14869, 14852, 14814, 14781, 14741, 14702, 14646, 14630, 14570, 14535, 14513, 14469, 14444, 14414, 14409, 14390, 14311 Support / Resistance on the YM Emini Futures 

YM Contract Notes:  Potential to reach HOL FTD and then Extreme Long and expectation is for support to be found at each zone along the way.

Macro Technical View:  15218 Major Dow cash up target hit.  

New all time highs for the Dow. Note that no major crash has taken place without first making new all time highs which we now have. 13133 and 15218 (target hit) on Dow cash are two macro areas of interest. 

YM Execution/Targets Zones:
15057 - 15044 Extreme Short
14869 - 14852 Highest Odds Short FTU
14781 Range Short
14646 - 14630 Range Long 
14513 Highest Odds Long FTD
14469 - 14444 Extreme Long 

Trade smarts and trade well!

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