Thursday, January 30, 2014

TS TradePlan for the YM Emini Futures - Friday January 31, 2014

TraderSmarts Numbers for YM (H)
16404, 16393, 16372, 16364, 16348, 16314, 16296, 16285, 16270, 16256, 16236, 16214, 16205, 16154, 16139, 16112, 16096, 16067, 16038, 16026, 16005, 15990, 15977, 15959, 15936, 15902, 15893, 15875, 15857, 15833, 15827, 15812, 15787, 15778, 15763, 15732, 15722, 15711, 15687, 15625, 15600, 15575, 15562, 15522, 15510, 15484, 15428, 15395, 15275, 15255 Support and resistance on the YM Emini Futures

YM Contract Notes: Lower CIT target in Macro Technical View. We tried for up on Jan 21, 2014 and essentially failed. Can likely target the lower CIT target. 15722 - 15711 Range Long is LIS Friday. Under and holding Extreme Friday and long squeeze likely is on to CIT target. Expectation is if we push to HOL FTD / Extreme there is a Friday stick save and we close near LIS (at Range Long). That is the expectation...will put the caveat on that by saying this is a market in search of support. 

Macro Technical View: 15275 - 15255 CIT target below. 17170 - 17116 Continuation target above.

YM Execution/Targets Zones:
15977 - 15959 Extreme Short
15893 - 15875 Highest Odds Short FTU
15812 - 15787 Range  Short
15722 - 15711 Range Long 
15575 - 15562 Highest Odds Long FTD
15522 - 15510 Extreme Long 

Trade smart and trade well!

Review: Thursday's YM TS TraedePlan Chart - January 30, 2014



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