Wednesday, August 20, 2014

TS TradePlan for the YM E-mini Dow Futures - Thursday August 21, 2014

TraderSmarts Numbers for YM (U)
17084, 17045, 17017, 17002, 16989, 16985, 16977, 16960, 16938, 16924, 16907, 16898, 16888, 16862, 16858, 16844, 16833, 16814, 16810, 16794, 16777, 16757, 16749, 16728, 16718, 16696, 16687, 16670, 16658, 16642, 16630, 16625, 16611, 16604, 16582, 16566, 16545, 16528, 16510, 16495, 16472, 16457, 16437, 16428, 16412, 16403, 16387, 16380, 16372, 16347, 16329, 16315, 16289, 16282, 16264, 16200 Support and resistance on the YM E-mini Dow Futures.


YM Contract Notes: Favoring shorts Thursday keyed to short Execution/Target Zones. This has been in TS TradePlan since last Thursday. We go some action last Thursday/Friday but this week has been all short squeeze since Sunday Globex open. 16924 TS # is LIS Thursday. Trading back over 16777 Macro LIS. 16985 MTS just above, last tested on 7/29/2014 as noted in MTV below.

Macro Technical View: 16777 is Macro LIS. 16985 MTS last used for Macro positioning on Tuesday 7/29/2014 and rather compelling. Chart is on the blog I noted it on that day. 

YM Execution/Targets Zones:
17084 Extreme Short
16989 - 16985 Highest Odds Short FTU
16977 - 16960 Range Short
16924 - 16907 Range Long
16844 - 16833 Highest Odds Long FTD
16728 Extreme Long

Trade smart and trade well!


Prior Day Review: YM TS TradePlan Chart for the E-mini Dow Futures - Wednesday August 20, 2014

Prior Day Review: GC TS TradePlan Chart for Gold Futures - Wednesday August 20, 2014

Prior Day Review: CL TS TradePlan Chart for Oil - Wednesday August 20, 2014

No comments: