Thursday, June 19, 2014

TS TradePlan for the YM E-mini Futures - Thursday June 19, 2014

TraderSmarts Numbers for YM (U)

17002, 16985, 16924, 16907, 16898, 16862, 16844, 16830, 16826, 16801, 16777, 16749, 16728, 16699, 16687, 16670, 16658, 16642, 16630, 16611, 16582, 16566, 16545, 16510, 16495, 16462, 16437, 16432, 16412, 16403, 16380, 16372, 16347, 16329, 16289, 16264, 16200, 16170, 16114, 16110, 16098, 16086

YM Contract Notes: 1959 ES M target hit Wednesday a/h.  Range Long is LIS Thursday.

Selling into contract roll as suggested last week but have a feeling we could get ES M contract up to 1959 target prior to settlement this Friday the 20th. Then a potential CIT down to test ES 1900.

Macro Technical View: Contract roll in to settlement could be a decent enough catalyst to expect some type of CIT in equity.

YM Execution/Targets Zones:

17002 - 16985 Extreme Short

16924 - 16898 Highest Odds Short FTU

16844 - 16826 Range Short

16777 - 16749 Range Long

16566 Highest Odds Long FTD

16495 Extreme Long

Trade smart and trade well!

Prior Day Review: YM TS TradePlan Chart for the E-mini Dow Futures - Wednesday June 18, 2014
Prior Day Review: YM TS TradePlan Chart for the E-mini S&P-500 Futures - Wednesday June 18, 2014


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