Tuesday, March 12, 2013

TS TradePlan for the YM Emini Futures - Wednesday March 13, 2013

TraderSmarts Numbers for YM (M)
15311, 15243, 15155, 14774, 14683, 14630, 14621, 14618, 14530, 14479, 14462, 14439, 14410, 14385, 14343, 14318, 14305, 14286, 14263, 14154, 14144, 14114, 14048, 14017, 13996, 13980, 13957, 13946, 13899, 13879, 13868, 13822, 13803, 13740, 13456, 13322 Support / Resistance on the YM Emini Futures

YM Contract Notes: Plan to remain nimble and focus on TS #'s and Execution/Target Zones. Be aware of Tuesday's 14343 Range Long on Wednesday as initial support as well as 13985 Range Short from Tuesday as initial resistance (currently trading there now).

Macro Technical View:  New all time highs for the Dow. 14048 TS # is macro line in the sand. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Multiple big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992, 14148, 14338. The only TS # that has been tested from above after breaking over was 13836 on 2/21/13 and again on 2/25/13. A correction was attempted after the .19 TRIN tick on 2/15/2013 but since March 1 short squeeze has been in effect. 

Also of note that no major crash has taken place without first making new all time highs. 13133 and 15218 on DOW Cash are two macro areas of interest. 

YM Execution/Targets Zones:
14530 Extreme Short 
14478 Highest Odds Short FTU
14439 Range Short
14318 Range Long 
14154 - 14144 Highest Odds Long FTD
13957 - 13946 Extreme Long 
Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Monday, March 11, 2013

TS TradePlan for the YM Emini Futures - Tuesday March 12, 2013

TraderSmarts Numbers for YM (M)
15311, 15243, 15155, 14774, 14683, 14630, 14621, 14618, 14530, 14462, 14410, 14385, 14343, 14318, 14305, 14286, 14263, 14154, 14144, 14114, 14048, 14017, 13996, 13980, 13957, 13946, 13899, 13879, 13868, 13822, 13803, 13740, 13456, 13322 Support / Resistance on the YM Emini Futures

YM Contract Notes: Plan to remain nimble and focus on TS #'s and Execution/Target Zones. 

Macro Technical View:  New all time highs for the Dow. 14048 TS # is macro line in the sand. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Multiple big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992, 14148, 14338. The only TS # that has been tested from above after breaking over was 13836 on 2/21/13 and again on 2/25/13. A correction was attempted after the .19 TRIN tick on 2/15/2013 but since March 1 short squeeze has been in effect. 

Also of note that no major crash has taken place without first making new all time highs. 13133 and 15218 on DOW Cash are two macro areas of interest. 

YM Execution/Targets Zones:
14530 Extreme Short 
14462 Highest Odds Short FTU
14385 Range Short
14343 Range Long 
14154 - 14144 Highest Odds Long FTD
13957 - 13946 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Sunday, March 10, 2013

TS TradePlan for the YM Emini Futures - Monday March 11, 2013

TraderSmarts Numbers for YM (M)

15311, 15243, 15155, 14774, 14683, 14630, 14621, 14618, 14530, 14462, 14385, 14318, 14305, 14286, 14263, 14154, 14144, 14114, 14048, 14017, 13996, 13980, 13957, 13946, 13899, 13879, 13868, 13822, 13803, 13740, 13456, 13322

YM Contract Notes: Plan to remain nimble and focus on TS #'s and Execution/Target Zones. 

Macro Technical View:  New all time highs for the Dow. 14048 TS # is macro line in the sand. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Multiple big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992, 14148, 14338. The only TS # that has been tested from above after breaking over was 13836 on 2/21/13 and again on 2/25/13. A correction was attempted after the .19 TRIN tick on 2/15/2013 but since March 1 short squeeze has been in effect. 

Also of note that no major crash has taken place without first making new all time highs. 13133 and 15218 on DOW Cash are two macro areas of interest. 

YM Execution/Targets Zones:
14530 Extreme Short 
14462 Highest Odds Short FTU
14385 Range Short
14286 - 14263 Range Long 
14154 - 14144 Highest Odds Long FTD
13957 - 13946 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Wednesday, March 6, 2013

TS TradePlan for the YM Emini Futures - Thursday March 7, 2013

TraderSmarts Numbers for YM (H)
14466, 14449, 14309, 14305, 14292, 14270, 14260, 14198, 14182, 14148, 14141, 14114, 14099, 14078, 14055, 14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13892, 13874, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631 Support / Resistance on the YM Emini Futures

YM Contract Notes: Megaphone pattern trying to break out up. Statement day Tuesday with Dow cash making new all time highs (of course it is all smoke and mirrors but that is besides the point) and most but not all in the media had their party hats on. The one thing I took away from today and I'm not even sure who said it was "this is going to end badly". I think there may have been more than one person that said it :) Zero Hedge had a great piece about "Dow highs then and now". Looking at it you don't know whether to laugh or cry. At any rate my plan Wednesday is to still look for shorts while being open to intraday longs as this is the day after new all time closing highs. 14270 TS # significant. 

Macro Technical View:  May want to check chart of Feb 27, 2007 and move that preceded it. Favoring shorts especially if can get cost basis over 14148 TS #. <<<Well this was plan Tuesday and there is now ample room for c/b over 14148 TS #. On a macro level still favoring shorts for at least another test of 13836 TS # and likely lower...13695 -  13456 area. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Four big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992, and now 14148 TS #. The only TS # that has been tested from above after breaking over was 13836 on 2/21/13 and again on 2/25/13. 

Also of note that no major crash has taken place without first making new all time highs so if we get a retrace from this high prior to new all time highs it is very likely proceeded by a march to new all time highs. Think dow cash in terms of down to 13,133 and up to 15,218 + as about max move size from here at 14K on 2/24/2013. <<< we got the new all time high prior to much of ANY retrace..this leads me to want to favor shorts on macro level for tests of important resistance turned support zones. 

YM Execution/Targets Zones:
14466 - 14449 Extreme Short 
14338 Highest Odds Short FTU
14309 - 14292 Range Short
14182 Range Long 
13977 - 13965 Highest Odds Long FTD
13939 - 13924 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Tuesday, March 5, 2013

TS TradePlan for the YM Emini Futures - Wednesday March 6, 2013

TraderSmarts Numbers for YM (H)
13466, 13449, 14309, 14305, 14292, 14270, 14260, 14198, 14182, 14148, 14141, 14114, 14099, 14078, 14055, 14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13892, 13874, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601

YM Contract Notes: Megaphone pattern trying to break out up. Statement day Tuesday with Dow cash making new all time highs (of course it is all smoke and mirrors but that is besides the point) and most but not all in the media had their party hats on. The one thing I took away from today and I'm not even sure who said it was "this is going to end badly". I think there may have been more than one person that said it :) Zero Hedge had a great piece about "Dow highs then and now". Looking at it you don't know whether to laugh or cry. At any rate my plan Wednesday is to still look for shorts while being open to intraday longs as this is the day after new all time closing highs.

Macro Technical View:  May want to check chart of Feb 27, 2007 and move that preceded it. Favoring shorts especially if can get cost basis over 14148 TS #. <<<Well this was plan Tuesday and there is now ample room for c/b over 14148 TS #. On a macro level still favoring shorts for at least another test of 13836 TS # and likely lower...13695 -  13456 area. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Four big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992, and now 14148 TS #. The only TS # that has been tested from above after breaking over was 13836 on 2/21/13 and again on 2/25/13. 

Also of note that no major crash has taken place without first making new all time highs so if we get a retrace from this high prior to new all time highs it is very likely proceeded by a march to new all time highs. Think dow cash in terms of down to 13,133 and up to 15,218 + as about max move size from here at 14K on 2/24/2013. <<< we got the new all time high prior to much of ANY retrace..this leads me to want to favor shorts on macro level for tests of important resistance turned support zones. 

YM Execution/Targets Zones:
13466 - 13449 Extreme Short 
14309 - 14292 Highest Odds Short FTU
14270 - 14260 Range Short
14182 Range Long 
13977 - 13965 Highest Odds Long FTD
13939 - 13924 Extreme Long  

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Monday, March 4, 2013

TS TradePlan for the YM Emini Futures - Tuesday March 5, 2013

TraderSmarts Numbers for YM (H)
14309, 14305, 14198, 14182, 14148, 14141, 14114, 14099, 14078, 14055, 14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13892, 13874, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375 Support / Resistance on the YM Emini Futures

YM Contract Notes: Megaphone pattern playing out. Favoring shorts keying on Execution/Target Zones. 14148 TS # is important. 14055 - 14021 would be aggressive range long if you want to keep buying this - not including it in Execution/Target Zones :)

Macro Technical View:  May want to check chart of Feb 27, 2007 and move that preceded it. Favoring shorts especially if can get cost basis over 14148 TS #.

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? 

I don't know what will happen but still favoring shorts targeting tests of 13836 initial (We got that Thursday 2/21/13 and again Monday 2/25), 13523, and potentially 13245 (LIS for new all time highs) below.  Also of note that no major crash has taken place without first making new all time highs so if we get a retrace from this high prior to new all time highs it is very likely proceeded by a march to new all time highs. Think dow cash in terms of down to 13,133 and up to 15,218 + as about max move size from here at 14K on 2/24/2013.

YM Execution/Targets Zones:
14309 - 14305 Extreme Short 
14198 - 14182 Highest Odds Short FTU
14148 - 14141 Range Short
13977 - 13965 Range Long 
13939 - 13924 Highest Odds Long FTD
13644 - 13631 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Sunday, March 3, 2013

TS TradePlan for the YM Emini Futures - Monday March 4, 2013

TraderSmarts Numbers for YM (H)
14309, 14305, 14182, 14148, 14141, 14114, 14099, 14078, 14055,14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13892, 13874, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350 Support / Resistance on the YM Emini Futures

YM Contract Notes: Megaphone pattern playing out. Favoring shorts keying on Execution/Target Zones. 14148 expecting to be significant FTU but it has been taken out of the Execution/Target Zones for Monday.

Macro Technical View:  May want to check chart of Feb 27, 2007 and move that preceded it. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? 

I don't know what will happen but still favoring shorts targeting tests of 13836 initial (We got that Thursday 2/21/13 and again Monday 2/25), 13523, and potentially 13245 (LIS for new all time highs) below.  Also of note that no major crash has taken place without first making new all time highs so if we get a retrace from this high prior to new all time highs it is very likely proceeded by a march to new all time highs. Think dow cash in terms of down to 13,133 and up to 15,218 + as about max move size from here at 14K on 2/24/2013.

YM Execution/Targets Zones:
14309 - 14305 Extreme Short 
14182 Highest Odds Short FTU
14114 Range Short
13977 Range Long 
13939 - 13924 Highest Odds Long FTD
13644 - 13631 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Thursday, February 28, 2013

TS TradePlan for the YM Emini Futures - Friday March 1, 2013

TraderSmarts Numbers for YM (H)
14309, 14305, 14148, 14141, 14099, 14078, 14055,14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13892, 13874, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375 Support / Resistance on the YM Emini Futures

YM Contract Notes: Megaphone pattern playing out. Favoring shorts at Range / HOS FTU. 13836 TS # the Big Macro under HOS FTU and 13695 is target down if we break.

Macro Technical View:  May want to check chart of Feb 27, 2007 and move that preceded it. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? Megaphone pattern developing.

I don't know what will happen but still favoring shorts targeting tests of 13836 initial (We got that Thursday 2/21/13 and again Monday 2/25), 13523, and potentially 13245 (LIS for new all time highs) below.  Also of note that no major crash has taken place without first making new all time highs so if we get a retrace from this high prior to new all time highs it is very likely proceeded by a march to new all time highs. Think dow cash in terms of down to 13,133 and up to 15,218 + as about max move size from here at 14K on 2/24/2013.

YM Execution/Targets Zones:
14309 - 14305 Extreme Short 
14148 - 14141 Highest Odds Short FTU
14099 - 14097 Range Short 2
14078 - 14055 Range Short
13965 Range Long 
13939 - 13924 Highest Odds Long FTD
13644 - 13631 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Wednesday, February 27, 2013

TS TradePlan for the YM Emini Futures - Thursday February 28, 2013

TraderSmarts Numbers for YM (H)
14309, 14305, 14148, 14141, 14099, 14078, 14055,14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13892, 13874, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 1345 Support / Resistance on the YM Emini Futures

YM Contract Notes: Megaphone pattern playing out. Favoring shorts at Range / HOS FTU. 

Macro Technical View:  May want to check chart of Feb 27, 2007 and move that preceded it. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? Megaphone pattern developing.

I don't know what will happen but still favoring shorts targeting tests of 13836 initial (We got that Thursday 2/21/13 and again Monday 2/25), 13523, and potentially 13245 (LIS for new all time highs) below.  Also of note that no major crash has taken place without first making new all time highs so if we get a retrace from this high prior to new all time highs it is very likely proceeded by a march to new all time highs. Think dow cash in terms of down to 13,133 and up to 15,218 + as about max move size from here at 14K on 2/24/2013.

YM Execution/Targets Zones:
14309 - 14305 Extreme Short 
14148 - 14141 Highest Odds Short FTU
14099 - 14078 Range Short
13965 Range Long 
13892 Highest Odds Long FTD
13644 - 13631 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


Tuesday, February 26, 2013

TS TradePlan for the YM Emini Futures - Wednesday February 27, 2013

TraderSmarts Numbers for YM (H)
14309, 14148, 14141, 14099, 14078, 14055,14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13892, 13874, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289, 13278 Support / Resistance on the YM Emini Futures

YM Contract Notes: Monday triple BIL move turning into megaphone pattern. Ben again on Wednesday. 13836 TS # LIS again Wednesday. 13813 defended by longs Tuesday. If this gives (13836 Big Macro really) then 13695 is initial big target down. Favoring shorts at 1) HOS FTU, 2) Range Short 3) test of 13836 TS # on breakdown below for eventual snap of 13813 TS #. 

Macro Technical View:  May want to check chart of Feb 27, 2007 and move that preceded it. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? Triple BIL high Monday forming megaphone.

I don't know what will happen but still favoring shorts looking for a BIL high to short and targeting tests of 13836 initial (We got that Thursday 2/21/13 and again Monday 2/25), 13523, and potentially 13245 (LIS for new all time highs) below.  Also of note that no major crash has taken place without first making new all time highs so if we get a retrace from this high prior to new all time highs it is very likely proceeded by a march to new all time highs. Think dow cash in terms of down to 13,133 and up to 15,218 + as about max move size from here at 14K on 2/24/2013.

YM Execution/Targets Zones:
14148 - 14141 Extreme Short 2
14099 - 14078 Extreme Short 
13947 - 13924 Highest Odds Short FTU
13892 - 13874 Range Short
13813 Range Long 
13695 - 13680 Highest Odds Long FTD
13644 - 13631 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Monday, February 25, 2013

TS TradePlan for the YM Emini Futures - Tuesday February 26, 2013

TraderSmarts Numbers for YM (H)
14309, 14148, 14141, 14099, 14078, 14055,14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13892, 13874, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289, 13278, 13261, 13254, 13245, 13237, 13221, 13212, 13198 Support / Resistance on the YM Emini Futures

YM Contract Notes: Monday triple BIL move turning into megaphone pattern. Tuesday Ben speaks among other things. 13836 TS # LIS Tuesday. 

Macro Technical View:  May want to check chart of Feb 27, 2007 and move that preceded it. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? Triple BIL high Monday forming megaphone.

I don't know what will happen but still favoring shorts looking for a BIL high to short and targeting tests of 13836 initial (We got that Thursday 2/21/13 and again Monday 2/25), 13523, and potentially 13245 (LIS for new all time highs) below.  Also of note that no major crash has taken place without first making new all time highs so if we get a retrace from this high prior to new all time highs it is very likely proceeded by a march to new all time highs. Think dow cash in terms of down to 13,133 and up to 15,218 + as about max move size from here at 14K on 2/24/2013.

YM Execution/Targets Zones:
14148 - 14141 Extreme Short 2
14099 - 14078 Extreme Short 
13947 - 13924 Highest Odds Short FTU
13892 - 13874 Range Short
13695 - 13680 Range Long 
13644 - 13631 Highest Odds Long FTD
13504 - 13488 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Sunday, February 24, 2013

TS TradePlan for the YM Emini Futures - Monday February 25, 2013

TraderSmarts Numbers for YM (H)
14309, 14148, 14141, 14099, 14078, 14055,14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13892, 13874, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488 Support / Resistance on the YM Emini Futures

YM Contract Notes: Per last week's TS TradePlan Contract Notes if the 2/19 BIL high over the 2/13 high was a true BIL then we would likely top out by Thursday 2/21 and be heading down by Friday. That was from Wed Contract Notes. We got a slightly higher high Wed followed by selling Wed / Thursday (though Thursday had the stick save on YM). Then Friday we got squeeze back but still no new highs over Wed 2/19 high (couldn't touch 14K Friday). 

In front of the Sunday Globex open it makes sense that we would either get the drift down Sunday/Monday to open Monday cash back around 13874 - 13836 leaving the weak shorts from Friday going "what happened" or we hold Range Long and move up to make another new yearly high. There is a LOT of data this week. Three White Soldiers (starting Friday) could be the blowoff BIL that this rally needs to get a retrace. 

Macro Technical View:  May want to check chart of Feb 27, 2007 and move that preceded it. 

Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523, 13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? 

I don't know what will happen but still favoring shorts looking for a BIL high to short and targeting tests of 13836 initial (We got that Thursday 2/21/13), 13523, and potentially 13245 (LIS for new all time highs) below. Note what I said about potential for 3 white soldiers above. Also of note that no major crash has taken place without first making new all time highs so if we get a retrace from this high prior to new all time highs it is very likely proceeded by a march to new all time highs. Think dow cash in terms of down to 13,133 and up to 15,218 + as about max move size from here at 14K on 2/24/2013.

YM Execution/Targets Zones:
14148 - 14141 Extreme Short 
14099- 14078 Highest Odds Short FTU
14014 - 13992 Range Short
13924 - 13913 Range Long 
13836 - 13813 Highest Odds Long FTD
13695 - 13680 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


Thursday, February 21, 2013

TS TradePlan for the YM Emini Futures - Friday February 22, 2013

TraderSmarts Numbers for YM (H)
14309, 14148, 14141, 14099, 14078, 14055,14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13892, 13879, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289 Support / Resistance on the YM Emini Futures

YM Contract Notes: Heavily favoring shorts into HOS FTU then stand down until Extreme. Flush through 13977 - 13947 Wednesday (exactly what shorts wanted to see). According to notes from Wed if this is true BIL then we top out by Thursday and start reversing down by Friday. 13977 / 13947 Key Resistance Thursday. 

Macro Technical View:  May want to check chart of Feb 27, 2007.  BIL high complete? >>>> Friday will be telling...
Dow close over 14K on 2/1/2013. Higher close Wed 2/12/13. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523,  13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts looking for a BIL high to short and targeting tests of 13836 initial, 13523, and potentially 13245 below. <<<Got the BIL high on Tuesday Feb 19, 2013 now see what happens from here.  If this is true BIL then likely tops out by Thursday and reversing down to targets by Friday. <<<< now new high WED selling THURS (but saved at 13813 TS # and bottom of highest odds long FTD) Low of day Thursday 2 ticks under the TS # at 13811 (13836 initial target down hit) ...see what happens FRI.

YM Execution/Targets Zones:
14148 - 14141 Extreme Short 
14014 - 13992 Highest Odds Short FTU
13939 - 13924 Range Short
13836 - 13813 Range Long 
13695 - 13680 Highest Odds Long FTD
13504 - 13488 Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


Wednesday, February 20, 2013

TS TradePlan for the YM Emini Futures - Thursday February 21, 2013

TraderSmarts Numbers for YM (H)
14309, 14148, 14141, 14099, 14078, 14055,14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13895, 13868, 13858, 13836, 13813, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289 Support / Resistance on the YM Emini Futures

YM Contract Notes: Heavily favoring shorts into HOS FTU then stand down until Extreme. Flush through 13977 - 13947 Wednesday (exactly what shorts wanted to see). According to notes from Wed if this is true BIL then we top out by Thursday and start reversing down by Friday. 13977 / 13947 Key Resistance Thursday. 

Macro Technical View:  May want to check chart of Feb 27, 2007.  BIL high complete?

Dow close over 14K on 2/1/2013. Higher close Wed 2/12/13. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523,  13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts looking for a BIL high to short and targeting tests of 13836 initial, 13523, and potentially 13245 below. <<<Got the BIL high on Tuesday Feb 19, 2013 now see what happens from here. If this is true BIL then likely tops out by Thursday and reversing down to targets by Friday. 

YM Execution/Targets Zones:
14148 - 14141 Extreme Short 
13992 - 13977 Highest Odds Short FTU
13965 - 13947 Range Short
13868 Range Long 
13836 - 13813 Highest Odds Long FTD
13695 - 13680  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

TS TradePlan for the YM Emini Futures - Wednesday February 20, 2013

TraderSmarts Numbers for YM (H)
14309, 14148, 14141, 14099, 14078, 14055,14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13895, 13868, 13858, 13836, 13829, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488 Support / Resistance on the YM Emini Futures

YM Contract Notes: Heavily favoring shorts. The resistance that was built into 13977 - 13947 can expected to be support FTD thus that big zone is now Range Long.

Macro Technical View: A BIL of Wed 2/13/2013 14006 high makes sense to me. May want to check chart of Feb 27, 2007. <<<Got the BIL high on Tues Feb 19, 2013. See if it holds. See below. 

Dow close over 14K on 2/1/2013. Higher close Wed 2/12/13. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523,  13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts looking for a BIL high to short and targeting tests of 13836 initial, 13523, and potentially 13245 below. <<<Got the BIL high on Tuesday Feb 19, 2013 now see what happens from here. If this is true BIL then likely tops out by Thursday and reversing down to targets by Friday. 

YM Execution/Targets Zones:
14148 - 14141 Extreme Short 
14078 - 14055 Highest Odds Short FTU
14021 - 14014 Range Short
13977 - 13947 Range Long 
13868 Highest Odds Long FTD
13836  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Tuesday, February 19, 2013

Some Recent Charts...

Friday Feb 15, 2013 - ES

Friday Feb 15, 2013 - GC

Friday Feb 15, 2013 - YM

Tuesday Feb 19, 2013 - CL

Tuesday Feb 19, 2013 - YM



Monday, February 18, 2013

TS TradePlan for the YM Emini Futures - Tuesday February 19, 2013

TraderSmarts Numbers for YM (H)
14309, 14148, 14141, 14099, 14078, 14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13895, 13868, 13858, 13836, 13829, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504 Support / Resistance on the YM Emini Futures

YM Contract Notes: Focus on Execution/Target Zones. Resistance built into 13977 - 13947 from current trade. Over 13977 and context becomes a "search for sellers".

Macro Technical View: A BIL of Wed 2/13/2013 14006 high makes sense to me. May want to check chart of Feb 27, 2007. 

Dow close over 14K on 2/1/2013. Higher close Wed 2/12/13. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Three big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523,  13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts looking for a BIL high to short and targeting tests of 13836 initial, 13523, and potentially 13245 below. 

YM Execution/Targets Zones:
14148 - 14141 Extreme Short 
14021 - 14014 Highest Odds Short FTU
13977 Range Short
13924 - 13913 Range Long 
13868 Highest Odds Long FTD
13836  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


Thursday, February 14, 2013

TS TradePlan for the YM Emini Futures - Friday February 15, 2013

TraderSmarts Numbers for YM (H)
14309, 14148, 14141, 14099, 14078, 14021, 14014, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13901, 13888, 13868, 13858, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456 Support / Resistance on the YM Emini Futures

YM Contract Notes: Focus on Execution/Target Zones. Resistance built into 13977 - 13947. 

Macro Technical View: A BIL of Wed high makes sense to me. May want to check chart of Feb 27, 2007. 

Dow close over 14K a two weeks ago Friday. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Now 3 Big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523,  13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts and targeting tests of 13836 initial, 13523, and potentially 13245 below. 

YM Execution/Targets Zones:
14148 - 14141 Extreme Short 
14021 - 14014 Highest Odds Short FTU
13977 Range Short
13888 - 13868 Range Long 
13836 Highest Odds Long FTD
13695 - 13680  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Wednesday, February 13, 2013

TS TradePlan for the YM Emini Futures - Thursday February 14, 2013

TraderSmarts Numbers for YM (H)
14309, 14148, 14141, 14099, 14078, 14014, 14011, 13992, 13977, 13965, 12947, 12939, 13924, 13913, 13901, 13888, 13868, 13858, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504 Support / Resistance on the YM Emini Futures

YM Contract Notes: Focus on Execution/Target Zones. 

Macro Technical View: Dow close over 14K a two weeks ago Friday. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Now 3 Big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523,  13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts and targeting tests of 13836 initial, 13523, and potentially 13245 below. 

YM Execution/Targets Zones:
14148 - 14141 Extreme Short 
14014 Highest Odds Short FTU
13977 Range Short
13924 - 13913 Range Long 
13836 Highest Odds Long FTD
13695 - 13680  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


TS TradePlan for the YM Emini Futures - Wednesday February 13, 2013

TraderSmarts Numbers for YM (H)
14309, 14148, 14141, 14099, 14078, 14014, 14011, 13992, 13965, 12947, 12939, 13924, 13913, 13901, 13888, 13868, 13858, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523 Support / Resistance on the YM Emini Futures

YM Contract Notes: Focus on Execution/Target Zones. 

Macro Technical View: Dow close over 14K a two weeks ago Friday. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. Now 3 Big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523,  13836 and 13992. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts and targeting tests of 13836 initial, 13523, and potentially 13245 below. 

YM Execution/Targets Zones:
14148 - 14141 Extreme Short 
14099 Highest Odds Short FTU
14014 - 13992 Range Short
13939 - 13924 Range Long 
13836 Highest Odds Long FTD
13695 - 13680  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


Tuesday, February 12, 2013

TS TradePlan for the YM Emini Futures - Tuesday February 12, 2013

TraderSmarts Numbers for YM (H)
14309, 14141, 14078, 14014, 14011, 13992, 13970, 12947, 12939, 13913, 13901, 13888, 13868, 13858, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523 Support / Resistance on the YM Emini Futures

YM Contract Notes: Focus on Execution/Target Zones. HOS FTU test would make sense. 

Macro Technical View: Dow close over 14K a two weeks ago Friday. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. 2 Big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523 and 13836. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts and targeting tests of 13836 initial, 13523, and potentially 13245 below. 

YM Execution/Targets Zones:
14141 Extreme Short 
14014 - 13992 Highest Odds Short FTU
12947 Range Short
13868 - 13858 Range Long 
13836 Highest Odds Long FTD
13695 - 13680  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net

Sunday, February 10, 2013

TS TradePlan for the YM Emini Futures - Monday February 11, 2013

TraderSmarts Numbers for YM (H)
14309, 14141, 14078, 14014, 14011, 13992, 13970, 12939, 13913, 13901, 13888, 13868, 13858, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289, 13278, 13261, 13254, 13245, 13237, 13221, 13212, 13198, 13181, 13173, 13158, 13147, 13125, 13103, 13084, 13078, 13054, 13039, 13033, 13009, 12998, 12986 Support / Resistance on the YM Emini Futures

YM Contract Notes: Focus on Execution/Target Zones. Expecting a test into HOS FTU. Note there is NO Range Short today but if there was it would be at 13970 TS #. 

Macro Technical View: Dow close over 14K a two weeks ago Friday. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. 2 Big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523 and 13836. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts and targeting tests of 13836 initial, 13523, and potentially 13245 below. 

YM Execution/Targets Zones:
14141 Extreme Short 
14014 - 13992 Highest Odds Short FTU
13913 Range Long 
13868 - 13858 Highest Odds Long FTD
13695 - 13680  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


Friday, February 8, 2013

TS TradePlan for the YM Emini Futures - Friday February 8, 2013

TraderSmarts Numbers for YM (H)
14141, 14078, 14014, 14011, 13992, 13916, 13965, 13939, 13901, 13888, 13868, 13858, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504 Support / Resistance on the YM Emini Futures

YM Contract Notes: Focus on Execution/Target Zones. Only change is in Range Short. 

Macro Technical View: Dow close over 14K on Friday. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. 2 Big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523 and 13836. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts and targeting tests of 13836 initial, 13523, and potentially 13245 below. 

YM Execution/Targets Zones:
14141 Extreme Short 
14014 - 13992 Highest Odds Short FTU
13939 Range Short
13888 - 13868 Range Long 
13695 - 13680 Highest Odds Long FTD
13456 - 13433  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


Thursday, February 7, 2013

TS TradePlan for the YM Emini Futures - Wednesday February 6, 2013

TraderSmarts Numbers for YM (H)
14309, 14141, 14078, 14014, 14011, 13992, 13916, 13965, 13901, 13888, 13868, 13858, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289, 13278, 13261, 13254, 13245, 13237, 13221, 13212, 13198, 13181, 13173, 13158, 13147, 13125, 13103, 13084, 13078, 13054, 13039, 13033, 13009, 12998, 12986 Support / Resistance on the YM Emini Futures

YM Contract Notes: Focus on Execution/Target Zones. No changes. 

Macro Technical View: Dow close over 14K on Friday. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. 2 Big extended up targets have been hit since 
1/8/2013 when TS TradePlan first called for swing longs: 13523 and 13836. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts into Range / HOS FTU and targeting tests of 13836, 13523, and potentially 13245 below. 

YM Execution/Targets Zones:
14141 Extreme Short 
14014 - 13992 Highest Odds Short FTU
13965 Range Short
13888 - 13868 Range Long 
13695 - 13680 Highest Odds Long FTD
13456 - 13433  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


Tuesday, February 5, 2013

TS TradePlan for the YM Emini Futures - Wednesday February 6, 2013

TraderSmarts Numbers for YM (H)
14309, 14141, 14078, 14014, 14011, 13992, 13916, 13965, 13901, 13888, 13868, 13858, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289, 13278, 13261, 13254, 13245, 13237, 13221, 13212, 13198, 13181, 13173, 13158, 13147, 13125, 13103, 13084, 13078, 13054, 13039, 13033, 13009, 12998, 12986 Support / Resistance on the YM Emini Futures

YM Contract Notes: Focus on Execution/Target Zones

Macro Technical View: Dow close over 14K on Friday. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. 2 Big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523 and 13836. New all time highs in the Dow are only 200 ticks away so do we get a retrace before making a stab at new highs or do we just keep charging up? I don't know what will happen but favoring shorts into Range / HOS FTU and targeting tests of 13836, 13523, and potentially 13245 below. 

YM Execution/Targets Zones:
14141 Extreme Short 
14014 - 13992 Highest Odds Short FTU
13965 Range Short
13888 - 13868 Range Long 
13695 - 13680 Highest Odds Long FTD
13456 - 13433  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


TS TradePlan for the YM Emini Futures - Tuesday February 5, 2013

TraderSmarts Numbers for YM (H)
14309, 14141, 14078, 14014, 14011, 13992, 13916, 13973, 13901, 13888, 13868, 13858, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289, 13278, 13261, 13254, 13245, 13237, 13221, 13212, 13198, 13181, 13173, 13158, 13147, 13125, 13103, 13084, 13078, 13054, 13039, 13033, 13009, 12998, 12986 Support / Resistance on the YM Emini Futures

YM Contract Notes: Dow close over 14K on Friday. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. 2 Big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523 and 13836. New all time highs in the Dow are only 200 ticks away. Favoring shorts around Range Short. 

Macro Technical View: Expecting retrace and  favoring swing shorts for c/b over 13836 TS # expecting test of 13523 and potentially 13245 below. 

YM Execution/Targets Zones:
14141 Extreme Short 
14014 - 13992 Highest Odds Short FTU
13901 - 13888 Range Short
13787 Range Long 
13695 - 13680 Highest Odds Long FTD
13456 - 13433  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net


Sunday, February 3, 2013

TS TradePlan for the YM Emini Futures - Monday February 4, 2013

TraderSmarts Numbers for YM (H)
14309, 14141, 14078, 14014, 14011, 13992, 13916, 13973, 13901, 13888, 13868, 13862, 13841, 13836, 13787, 13773, 13740, 13726, 13709, 13695, 13680, 13661, 13644, 13631, 13601, 13573, 13523, 13504, 13488, 13474, 13456, 13433, 13405, 13375, 13354, 13350, 13339, 13329, 13309, 13289, 13278, 13261, 13254, 13245, 13237, 13221, 13212, 13198, 13181, 13173, 13158, 13147, 13125, 13103, 13084, 13078, 13054, 13039, 13033, 13009, 12998, 12986 Support / Resistance on the YM Emini Futures

YM Contract Notes: Dow close over 14K on Friday. Since the end of 2012 it has been in the Contract Notes that over and holding 13245 and we likely get new all time highs in the Dow. 2 Big extended up targets have been hit since 1/8/2013 when TS TradePlan first called for swing longs: 13523 and 13836. New all time highs in the Dow are now only 200 ticks away. 

Macro Technical View: Had been favoring swing shorts for c/b over 13836 TS # expecting test of 13523 and potentially 13245 below. Heading into Monday with no directional bias (squeeze over 13836 NFP Friday) and will just be focused on Execution/Target Zones.

YM Execution/Targets Zones:
14141 Extreme Short 
14014 - 13992 Highest Odds Short FTU
13973 Range Short
13888 - 13868 Range Long 
13695 - 13680 Highest Odds Long FTD
13456 - 13433  Extreme Long 

Support becomes resistance and vice versa...

Trade smart and trade well!

TS TradePlan for ES YM 6E GC CL + TS Trades (Live Trade Alerts / Market Commentary / Private Twitter Feed): www.tradersmarts.net