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TraderSmarts Numbers for the YM Emini Futures - Monday July 26, 2010

Support becomes resistance and vice versa...

10393, 10440, 10451, 10558, 10630 Resistance on the YM Emini Futures

10322, 10255, 10233, 10216, 10162, 10058, 10023 Supports

Trade smart and trade well!

YM: Potential for 3 white soldiers on daily YM. 10322 highest odds long FTD. 10451 highest odds short FTU.

TraderSmarts Numbers for the YM Emini Futures - Friday July 23, 2010

Support becomes resistance and vice versa...

10297, 10319, 10365, 10440, 10451* Resistance on the YM Emini Futures

10242, 10162*, 10116, 10080, 10023, 9962 Supports

Trade smart and trade well!

YM: 10162 highest odds long FTD. 10451 highest odds short FTU.

TraderSmarts Numbers for the YM & Example of How I View the Market - Thursday July 22, 2010

Support becomes resistance and vice versa...

10177, 10212, 10242, 10293*, 10319, 10365, 10451 Resistance on the YM Emini Futures

10153, 10141, 10116*, 10104, 10080, 10023, 9962, 9918, 9864*, 9829*

Trade smart and trade well!

YM: Don't be overwhelmed by the amount of TS #'s. I am leaving a lot of them on that probably won't hit on the day for a reason. Anyway 10116 is Huge for Thursday. Consider it a line in the sand on the day. Expecting occilations around 10116 until we find direction. Over and holding and potential for short squeeze and under and holding and potential for long squeeze. Highest odds short FTU is still 10293. Highest odds long FTD is the 9864 - 9829 zone.

I thought it would be good to try and "break down" how I use the TraderSmarts Numbers and how I "view" the market. Hopefully this helps some of you.

Above is how I post them. Below is MY breakdown. See you may view the market different and I try not to impose MY view on Subscribers. It is perfectly logical and realistic to make money with the TS #'s within your OWN market context. Anyway below is my context just so you get an idea of how I think...

(10451) High extreme and a huge and area price hasn't traded at for a month. If hits will be looking for divergence from the most recent swing high (10367) for a short.

(10365, 10319, 10293*, 10242) Area price hasn't trade at in a few days. Most likely will be selling longs and looking for shorts if price can move into this area, especially the 10293 and higher.

(10212, 10177) Area that has been recently traded yet has acted as resistance. The initial resistance zone on the way up.

(10153, 10141, 10116, 10104*, 10080, 10023) Area price has spent the majority of the recent time in. 10116 the Line in the Sand. Whichever side of 10116 price resolves on can get a move going in that direction. This is the most difficult area for new traders to trade. There is a lot of infighting in this area.

(9962) Price hit this as a low extreme most recently.

(9918, 9864, 9829) Low extremes. Will be looking to long this area especially the 9864 - 9829 if price can make it this low.

Hope this was informative!

TraderSmarts Numbers for the YM Emini Futures - Wednesday July 21, 2010

Support becomes resistance and vice versa...

10212, 10242, 10293*, 10319, 10365, 10451 Resistance on the YM Emini Futures

10177, 10141, 10115, 10070*, 10023, 9962, 9918, 9864, 9829 Supports

Trade smart and trade well!

YM: 10293 highest odds short FTU. 10242 good spot to look for short FTU. 10115 good spot to look for longs FTD. 10070 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Tuesday July 20, 2010

10109, 10141, (10177, 10212)*, 10242, 10309, 10365, 10451 Resistance on the YM emini Futures

10076, 10023, 9967, 9918, (9864, 9829)* Supports

Trade smart and trade well!

Using the ( and ) hopefully give you a better idea of how I am viewing things.

YM: Still viewing the 10177 - 10212 area as short zone FTU. Watch the midpoint of that zone. 10023 has held support and then 10K at the close. I'm expecting a move up to the short zone from here before 10K snaps to the downside. If 10K snaps highest odds long FTD is 9864 - 9829.

TraderSmarts Numbers for the YM Emini Futures - Monday July 19, 2010

Support becomes resistance and vice versa...

(10177, 10212)*, 10242, 10309, 10365 10451 Resistance on the YM Emini Futures

10088, 10023*, 9967, 9918, 9864, 9829 Supports

Trade smart and trade well!

Put something a little new into the TraderSmarts Numbers. I have done this before but curious to know what you think? Hopefully it helps you see how I view the areas better!

YM: Viewing the 10177 - 10212 area as short zone FTU. Watch the midpoint of that zone. 10023 is big and may produce a pop just under Friday's low.

TraderSmarts Numbers for the YM Emini Futures - Friday July 16, 2010

Support becomes resistance and vice versa...

10319, 10365, 10406, 10451* Resistance on the YM Emini Futures

10233, 10168, 10086, 10023, 9967, 9918, 9864 Supports

Trade smart and trade well!

YM: 10023 highest odds long FTD. 10451 highest odds short FTU.

TraderSmarts Numbers for the YM Emini Futures - Thursday July 15, 2010

Support becomes resistance and vice versa...

10319, 10365, 10406, 10451* Resistance on the YM Emini Futures

1266, 10233, 10168*, 10086, 10023, 9967, 9918 Supports

YM: Failure to sell when opportunity was present makes me think may want a test of 10451. Overnight spike confirms shorts are on the defensive. 10319 could be considered the Pivot Point for Thursday. 10365 which was the target of move up from Tuesday was hit on the o/n spike. 10451 highest odds short FTU. 10168 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Wednesday July 14, 2010

Support becomes resistance and vice versa...

10365, 10406, 10451* Resistance on the YM Emini Futures

10303, 10233*, 10168, 10086, 10023*, 9967, 9918, 9864 Supports

Trade smart and trade well!

YM: 10365 was the target. It hit 10362 in the o/n session. As of now there is no reason that it is obligated to push higher. 10451 highest odds short FTU. Under 10233 and holding and potential for LONG squeeze to ensue. 10023 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Tuesday July 13, 2010

Support becomes resistance and vice versa...

10169, 10202, 10252*, 10265* Resistance on the YM Emini Futures

10149, 10083, 10023, 9952, 9918, 9864*, 9829 Supports

Trade smart and trade well!

YM: 10252/10265 and higher highest odds short FTU. 9962 FTD a spot to look for longs. 9864 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Monday July 12, 2010

Support becomes resistance and vice versa...

10139, 10169* 10182, 10202, 10265 Resistance on the YM Emini Futures

10104, 10023, 9962, 9918, 9864*, 9829 Supports

Trade smart and trade well!

YM: 10169 and higher highest odds short FTU. 9962 FTD a spot to look for longs. 9864 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Friday July 9, 2010

Support becomes resistance and vice versa...

10096, 10128, 10169, 10217, 10265 Resistance on the YM Emini Futures

10023, 9962* 9918, 9864, 9829*, 9972 Supports

Trade smart and trade well!

YM: Viewing 9962 as the line in the sand today. 10096 was Thursday highest odds short FTU. There and over and I will be looking for shorts. 9962 FTD a spot to look for longs. 9829 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Thursday July 8, 2010

Support becomes resistance and vice versa...

10023, 10068*, 10096, 10128, 10217 Resistance on the YM Emini Futures

9972, 9918, 9864, 9829*, 9772, 9683 Supports

Trade smart and trade well!

Well Wednesday we got the $TRIN day and the move up to 9921 - 9938 I had been expecting. HUGE up day so a consolidation day would make sense for Thursday.

YM: 10068 and higher highest odds short FTU. 9829 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Wednesday July 7th 2010

Support becomes resistance and vice versa...

9683, 9704, 9772, 9850*, 9921, 9938, 9962 Resistance on the YM emini Futures

9638, 9618, 9566*, 9494, 9458 Supports

Trade smart and trade well!

YM: I am still expecting a move back to 9921 - 9938 before market goes much lower than 9494. 9850 highest odds short FTU. 9566 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Tuesday July 6, 2010

Support becomes resistance and vice versa...

9618, 9648, 9727, 9804, 9850, 9921, 9938 Resistance on the YM Emini Futures

9566, 9494, 9456 Supports

Trade smart and trade well!

Tweeted Friday, or it may have been Thursday, that I am expecting a "TRIN Day" in the market. A TRIN day is one where the TRIN is .78 or lower all day and price is straight up with NO retrace. Underlying bid all day. I think we are due for one soon.

YM: I am expecting a move back to 9921 - 9938 before market goes much lower than 9494. Not inclined to short for anthing other than scalps until 9727. Came close to the 9494 O/N on Monday night. If we get a new low I will be looking for a long to hold - we may not get one.

Some things I look at when trading...

When TraderSmarts Numbers line up with divergence on the bigger timeframes and a momo killing volume spike - it is go time. My homework (the TraderSmarts Numbers) already provide me with the areas I am interested in initiating trades - when other things line up there is nothing left to think about. This is what I mean when I say I am always aware of what the bigger timeframes are doing.

TraderSmarts Numbers for the YM Emini Futures - Friday July 2nd, 2010

Support becomes resistance and vice versa...

9685, 9727, 9757, 9804, 9842, 9921, 9938

9637, 9612, 9601, 9533, 9494

Trade smart and trade well!

YM: 9637 aggressive long. 9612 - 9601 high odds long. 9533 - 9494 highest odds long FTD. I am expecting a move back to 9921 - 9938 before market goes much lower than 9494. Not really inclined to short for anything other than scalps until 9757 or higher.

TraderSmarts Numbers for the YM Emini Futures - Thursday July 1, 2010

Support becomes resistance and vice versa...

9694, 9757, 9772, 9817, 9842*, 9921*, 9938* Resistance on the YM Emini Futures

9677, 9606*, 9575*, 9494* Supports

Trade smart and trade well!

YM: 9772 - 9752 first spot to look for shorts. 9842 harmony from Tuesday and huge resistance Wednesday - spot to look for short and look how market reacts here. 9938 - 9921 highest odds short FTU. 9606 and lower highest odds long FTD. I am expecting a move back to 9921 - 9938 before market goes much lower than 9494.

TraderSmarts Numbers for the YM Emini Futures - Wednesday June 30, 2010

Support becomes resistance and vice versa...

9878, 9338*, 10044, 10076*, 10117, 10168, 10219*, 10265 Resistance on the YM Emini Futures

9842, 9815, 9775*, 9755*, 9677* Supports

Trade smart and trade well!

YM: Remember the 9966-9933 and 9886-9860 zones from yesterday. Over 9938 and holding and short squeeze potential.

10219 and 10076 highest odds short FTU. 9775/9755 highest odds long FTD.

Last day of the quarter and today closes the monthly charts. Pay attention.

TraderSmarts Numbers for the YM Emini Futures - Tuesday June 29, 2010

Support becomes resistance and vice versa...

10023, 10044, 10076*, 10117*, 10168, 10219, 10265 Resistance on the YM Emini Futures

9966*, 9933*, 9886, 9860, 9808 Supports

Trade smart and trade well!

YM: 10117/10076 highest odds short FTU. 9966 (already printed)/9933 highest odds long FTD. 9886 - 9860 is also a big.

CL: Was really looking for a move into the 80.66 - 80.09 range (and upper end of my 78 - 81 swing long target) but I am seeing signs of a possibility that the high on CL has been printed. Next two days will give more information. If I determine that the high has been printed and we don't get the top - there will be ample opportunity to enter swing short for the expected move back to 57.5 target. The nearly 8 point swing long and this swing short setting up are the types of trades that take your trading to the next level.

TraderSmarts Numbers for the YM Emini Futures - Monday June 28, 2010

Support becomes resistance and vice versa...

10129, 10168, 10219, 10265, 10327, 10362, 10391 Resistance on the YM Emini Futures

10077, 10023, 9966, 9933, 9860 Supports

Trade smart and trade well!

YM: 10265 highest odds short FTU. As mentioned on Thursday 10023 is Huge. It held to within 3 ticks on Friday. That and lower spot to look for longs.

TraderSmarts Numbers for the YM Emini Futures - Friday June 25, 2010

Support becomes resistance and vice versa...

10168*, 10202, 10234, 10272, 10315, 10362*, 10391, 10451 Resistance on the YM Emini Futures

10113, 10063, 10023*, 9966*, 9933*, 9860 Supports

Trade smart and trade well!

YM: 10168 area for initial short FTU. 10023 is Huge. 9966/9933 highest odds long FTD. Weeklong downtrend starting Sunday night. Be aware of potential for eod squeeze.

TraderSmarts Numbers for the YM Emini Futures - Thursday June 24, 2010

Support becomes resistance and vice versa...

10286, 10312, 10334, 10362*, 10391, 10451*, 10531, 10549, 10580, 10657 Resistance on the YM Emini Futures

10234, 10202, 10153*, 10099, 10058, 10023 Supports

Trade smart and trade well!

YM: 10362 & 10451 highest odds short FTU. 10153 and lower spot to consider longs.

TraderSmarts Numbers for the YM Emini Futures - Wednesday June 23, 2010

Support becomes resistance and vice versa...

10312, 10334, 10362*, 10391, 10451, 10531, 10549, 10580, 10657 Resistance on the YM Emini Futures

10268, 10234, 10202, 10153, 10099*, 10058, 10023 Supports

Trade smart and trade well!

YM: 10334 - 10391 initial short area. 10362 highest odds short FTU. 10153 and lower spot to consider longs. 10099 highest odds long FTD.

FOMC today.

TraderSmarts Numbers for the YM Emini Futures - Wednesday June 22, 2010

Support becomes resistance and vice versa...

10411, 10451, 10506, 10531, 10549, 10580, 10657 Resistance on the YM Emini Futures

10391, 10334, 10262, 10234, 10202, 10153 Supports

Trade smart and trade well!

YM: 10506 and higher highest odds short FTU. 10451 aggressive short FTU. 10153 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Monday June 21, 2010

Support becomes resistance and vice versa...

10531*, 10549* 10580, 10657 Resistance on the YM Emini Futures

10451, 10391, 10334, 10262, 10234 Supports

Trade smart and trade well!

YM: 10549 - 10531 highest odds short FTU. 10391 highest odds long FTD.

TraderSmarts Numbers for the YM Emini Futures - Friday June 18, 2010

Support becomes resistance and vice versa...

10380, 10414, 10451, 10531 Resistance on the YM Emini Futures

10332, 10286, 10234, 10182, 10132, 10111, 10079, 10035 Supports

Trade smart and trade well!

YM: 10451 highest odds short FTU. 10182 highest odds long FTD. 10380 aggressive short FTU.

TraderSmarts Numbers for the YM Emini Futures - Thursday June 17, 2010

Support becomes resistance and vice versa...

10308, 10355, 10380, 10414, 10451 Resistance on the YM Emini Futures

10234, 10182, 10132, 10111, 10079, 10035 Supports

Trade smart and trade well!

YM: 10234 - 10182 highest odds long FTD. 10451 - 10414 highest odds short FTU.

TraderSmarts Numbers for the YM Emini Futures - Wednesday June 16, 2010

Support becomes resistance and vice versa...

10318, 10380, 10414, 10451* Resistance on the YM Emini Futures

10262, 10234*, 10182, 10111 10079, 10035 Supports.

Trade smart and trade well!

YM: 10234 highest odds long FTD. 10451 highest odds short FTU.