Monday, November 25, 2013

TS TradePlan for the YM Emini Futures - Monday November 25, 2013

TraderSmarts Numbers for YM (Z)
16222, 16211, 16142, 16107, 16054, 16042, 16022, 16013, 16972, 15965, 15959, 15925, 15905, 15886, 15876, 15873, 15852, 15847, 15818, 15808, 15786, 15769, 14755, 15742, 15732, 15717, 15679, 15666, 15646, 15624, 15616, 15598, 15588, 15576, 15565, 15533, 15525, 15508, 15494, 15485, 15477, 15464, 15440, 15415, 15404, 15393, 15375, 15359, 15340, 15330, 15316, 15303, 15290, 15276, 15271, 15257, 15247. 15237, 15210, 15202, 15188, 15165 Support / Resistance on the YM Emini Futures

YM Contract Notes: 16K YM and 18K ES hit. 

Macro Technical View: 15732 TS # was a destination target. Hit and rejected on Thursday the 7th of November. Now trading nicely above. Had been favoring positioning shorts keying on Short Execution/Target Zones and targeting an eventual move to 15316 but 16K YM and 18K ES didn't hit in futures until Friday the 22nd. So this coming week is essentially the first chance to position. Caveat is it is Thanksgiving week. 

YM Execution/Targets Zones:
16222 - 16211 Extreme Short
16142  Highest Odds Short FTU
16107 Range Short
15972 - 15959 Range Long 
15905 - 15886 Highest Odds Long FTD
15717 Extreme Long 

Trade smart and trade well!

TS TradePlan Chart Review for YM



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