TS TradePlan for the YM E-mini Dow Futures - Thursday July 3, 2014

TraderSmarts Numbers for YM (U)

17192, 17128, 17114, 17041, 17015, 17002, 16985, 16942, 16933, 16924, 16907, 16898, 16862, 16844, 16833, 16820, 16804, 16794, 16777, 16757, 16749, 16728, 16718, 16696, 16687, 16670, 16658, 16642, 16630, 16625, 16611, 16604, 16582, 16566, 16545, 16510, 16495, 16462, 16437, 16432, 16412, 16403, 16380, 16372, 16347, 16329, 16289, 16264, 16200, 16170, 16114, 16110, 16098, 16086 Support and resistance for the YM E-mini Dow Futures.

YM Contract Notes: 16933 TS is Thursday LIS. Lots of data out Thursday. Interested in shorting bounces macro wise but tough to hold anything over the long weekend without a hedge. 

Macro Technical View: As expected we got volatility around contract roll / settlement and then the grind up to 1959 ES M contract two weeks ago into last Friday 6/20/14. The next expectation is a potential CIT down to test ES 1900.25 TS # in U contract. 16777 Macro LIS.

YM Execution/Targets Zones:

17128 - 17114 Extreme Short

17015 - 17002 Highest Odds Short FTU

16942 - 16924 Range Short

16820 - 16804 Range Long

16566 Highest Odds Long FTD

16432 - 16412 Extreme Long

Trade smart and trade well!

Precise Trading Plans and Trade Alerts for the E-Mini S&P-500 (ES), E-Mini Dow (YM), Euro (6E), Oil (CL) and Gold (GC) — Click Here to Access

Below a look at the oil charts from Wednesday July 2, 2014 inventory day. The first is my normal TS TradePlan Chart, the second is the TS TradePlanChart displayed with the TS TradePlan Indicator for NinjaTrader, and the last is the same with the shading removed from the Execution/Target Zones.

One of the cool things about the indicator is it automatically plots the TS #'s and Execution/Target Zones in real time on any time frame chart. 

Prior Day Review: CLTS TradePlan Chart for the Oil - Wednesday July 2, 2014

Precise Trading Plans and Trade Alerts for the E-Mini S&P-500 (ES), E-Mini Dow (YM), Euro (6E), Oil (CL) and Gold (GC) — Click Here to Access