Tuesday, July 8, 2014

TS TradePlan for the YM E-mini Dow Futures - Tuesday July 8, 2014

TraderSmarts Numbers for YM (U)
17192, 17128, 17114, 17050, 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: Data and long weekend out of the way last week but FOMC minutes on Wednesday. Still favoring shorting bounces keyed to Execution/Target Zones. Context remains a search for sellers. Under and holding Extreme Long and can go to any low. 

Macro Technical View: 16777 is Macro LIS. 

YM Execution/Targets Zones:
17128 - 17114 Extreme Short
17050 - 17041 Highest Odds Short FTU
16985 Range Short
16924 - 16907 Range Long
16862 Highest Odds Long FTD
16804 - 16777 Extreme Long

Trade smart and trade well

Prior Day Review: YM TS TradePlan Chart for the E-mini Futures - Monday July 7, 2014


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