TraderSmarts Numbers for YM (U)
16933, 16924, 16907, 16898, 16888, 16862, 16858, 16844, 16833, 16810, 16794, 16777, 16757, 16749, 16728, 16718, 16696, 16687, 16670, 16658, 16642, 16630, 16625, 16611, 16604, 16582, 16566, 16545, 16510, 16495, 16472, 16457, 16437, 16428, 16412, 16403, 16387, 16380, 16372, 16347, 16329, 16315, 16289, 16282, 16264, 16200, 16170, 16162, 16139, 16110, 16098, 16086, 16081, 16048, 15965, 15943 Support and resistance on the E-mini Dow Futures (YM).
YM Contract Notes: We had been favoring shorting bounces the last two weeks. This week expecting good volatility both ways with 16566 and 16777 untested from below. 16329 TS # is LIS Friday. Keep an eye on the TRIN Friday which has been noticeably weak Wed/Thurs. Under Extreme Long and can go to any low.
Macro Technical View: 16777 is Macro LIS. 16985 MTS can be used for macro positioning. <<< last done on Tuesday 7/29/2014 and rather compelling. Chart is on the blog I noted it on that day.
YM Execution/Targets Zones:
16670 - 16642 Extreme Short
16566 Highest Odds Short FTU
16387 - 16372 Range Short
16200 Range Long
16162 - 16139 Highest Odds Long FTD
16098 - 16081 Extreme Long
Trade smart and trade well!
Prior Day Review: YM TS TradePlan Chart for the E-mini Dow Futures - Thursday August 7, 2014
Prior Day Review: CL TS TradePlan Chart for Oil - Thursday August 7, 2014
Prior Day Review: YM TS TradePlan Chart for the E-mini Dow Futures - Thursday August 7, 2014
Prior Day Review: ES TS TradePlan Chart for the E-mini S&P-500 Futures - Thursday August 7, 2014
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