TS TradePlan for the YM Emini Futures - Wednesday June 5, 2013

TraderSmarts Numbers for YM (M)

15697, 15555, 15471, 15462, 15447, 15428, 15387, 15371, 15364, 15358, 15337, 15329, 15309, 15303, 15289, 13266, 15257, 15243, 15232, 15225, 15210, 15193, 15175, 15167, 15155, 15115, 15097, 15079, 15062, 15056, 15040, 15022, 15015, 15000, 14986,  14977, 14942, 14921, 14907, 14875, 14840, 14828, 14816, 14810, 14790, 14774, 14762, 14742, 14727, 14707, 14698, 14685, 14671, 14648, 14630, 14611, 14595, 14585, 14560, 14547, 14533, 14506, 14490, 14477, 14460, 14447, 14439, 14412, 14403, 14385 Support / Resistance on the YM Emini Futures

YM Contract Notes: Be especially aware of 15358 - 15337 between Extreme and HOS FTU. 

Macro Technical View:  15175 TS # target up hit. 15218, a major Dow cash target also hit, and market keeps moving higher. Favoring shorts for c/b above 15175 TS # still, as has been in TS TradePlan for a few days now, keying on Execution/Target Zones and targeting 14707 TS # as extended target but 14942 TS # as initial big target below.  

New all time highs for the Dow. 15175 is Macro LIS. 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. Beneficial to keep in mind prior Contract Notes (in light of move up since end of 2012). 

YM Execution/Targets Zones:

15462 - 15447 Extreme Short

15309 - 15303 Highest Odds Short FTU

15243 Range Short

15056 - 15040 Range Long 

14942 Highest Odds Long FTD

14707 Extreme Long 

rade smarts and trade well!