TS TradePlan for the YM E-mini Dow Futures - Wednesday August 27, 2014

TraderSmarts Numbers for YM (U)

17710, 17318, 17301, 17235, 17171, 17142, 17128, 17114, 17098, 17084, 17071, 17050, 17030, 17017, 17004, 16995, 16985, 16977, 16960, 16953, 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 Support and resistance on the YM E-mini Dow Futures.

YM Contract Notes: Week long squeeze last week starting at Sunday Globex open. Off to another gap up this week. Trading back over 16777 Macro LIS and 16985 MTS #. 17050 TS # is LIS Wednesday. 

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. Retesting July 2014 highs.

YM Execution/Targets Zones:
17318 - 17301 Extreme Short
17235 Highest Odds Short FTU
17142 - 17128 Range Short
17071 - 17050 Range Long
16995 Highest Odds Long FTD
16844 - 16833 Extreme Long

Trade smart and trade well!

Prior Day Review: YM TS TradePlan Chart for the E-mini Dow Futures - Tuesday August 26, 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