TraderSmarts Numbers for YM (U)
15689, 15654, 15619, 15575, 15568, 15532, 15515, 15498, 15489, 15465, 15442, 15434, 15412, 15391, 15377, 15365, 15345, 15330, 15315, 15287, 15279, 15265, 15252, 15241, 15225, 15206, 15195, 15175, 15161, 15153, 15136, 15121, 15105, 15086, 15072, 15057, 15044, 15025, 15016, 15011, 14994, 14984, 14959, 14940, 14924, 14897, 14884, 14869, 14852, 14814, 14781, 14754, 14741, 14702, 14669, 14651, 14646, 14630, 14570, 14535, 14513, 14504, 14469, 14444, 14414, 14409, 14390, 14311 Support / Resistance on the YM Emini Futures
YM Contract Notes: Note that 15412 is a Macro up TS # target and could be a pivotal TS # for potential CIT. Plan is to remain nimble and focus on TS #'s and Execution/Target Zones.
Macro Technical View: 15218 Major Dow cash up target hit. We extended target came back and hit macro support / last break out area at 14550 Dow cash and have started resuming back up. Does it continue? Trend up since 2009. 5/22 high taken out. Potential for BIL move high and test of macro support below. Favoring short side once 15568 TS # is hit and looking for macro flush.
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. Over 15218 TS # target hit and holding...and can target the 16278, 16466, 16654 TS #'s above with 15865 TS # along the way in Dow cash. Note we have two consecutive closes on daily above 15218 TS # Dow cash.
YM Execution/Targets Zones:
15689 Extreme Short
15619 Highest Odds Short FTU
15575 - 15568 Range Short
15412 - 14391 Range Long
15315 - 15287 Highest Odds Long FTD
15206 - 15195 Extreme Long
Trade smart and trade well!
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