Monday, September 16, 2013

TS TradePlan for the YM Emini Futures - Monday September 16, 2013

TraderSmarts Numbers for YM (Z)
16057, 15767, 15745, 15611, 15551, 15525, 15499, 15464. 15415, 15403, 15395, 15375, 15330, 15318, 15300, 15290, 15276, 15271, 15249. 15210, 15182, 15148, 15129, 15097, 15089, 15080, 15053, 15025, 15001, 14964. 14938, 14916, 14893, 14821, 14811, 14787, 14772, 14747 Support / Resistance on the YM Emini Futures

YM Contract Notes: Good potential to get a nice short off but remember that the best thing to execute oftentimes is patience. 

Macro Technical View:  Taking out the 8/2 swing highs with negative divergences. Still there is potential to push up to 15745 before CIT. 

YM Execution/Targets Zones:
15745 Extreme Short
15611 Highest Odds Short FTU
15525 - 15499 Range Short
15415 - 15403 Range Long 
15249 Highest Odds Long FTD
15053 Extreme Long 

Trade smart and trade well!

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