Tuesday, September 17, 2013

TS TradePlan for the YM Emini Futures - Wednesday September 18, 2013

TraderSmarts Numbers for YM (Z)
16057, 15767, 15745, 15611, 15551, 15525, 15499, 15464. 15440, 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: All about FOMC so will be focusing on Execution/Target Zones (which have not changed for the 3rd day). 

Macro Technical View:  Nearly taking out the 8/2 swing highs (ES did) 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
15551 - 15525 Range Short
15415 - 15403 Range Long 
15249 Highest Odds Long FTD
15053 Extreme Long 

Trade smart and trade well!

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