TraderSmarts Numbers for YM (U)
17192, 17114, 17041, 17015, 17002, 16985, 16942, 16924, 16907, 16898, 16862, 16844, 16833, 16820, 16804, 16794, 16777, 16757, 16749, 16728, 16718, 16696, 16687, 16670, 16658, 16642, 16630, 16625, 16611, 16604, 16582, 16566, 16545, 16510, 16495, 16462, 16437, 16432, 16412, 16403, 16380, 16372, 16347, 16329, 16289, 16264, 16200, 16170, 16114, 16110, 16098, 16086 Support and resistance for the YM E-mini Dow Futures.
YM Contract Notes: 16777 TS # remains LIS Tuesday. Tuesday's candle starts the monthly stick.
Macro Technical View: As expected we got volatility around contract roll / settlement and then the grind up to 1959 ES M contract two weeks ago into last Friday 6/20/14. The next expectation is a potential CIT down to test ES 1900.25 TS # in U contract. Note 16777 TS # is key Day LIS but also Macro LIS so expect short positioning above and long below positioning below and could get substantial unwinding on either side. Can target new highs at Extreme Short holding above LIS and new swing lows at Extreme Long holding below.
YM Execution/Targets Zones:
16942 - 16924 Extreme Short
16862 - 16844 Highest Odds Short FTU
16820 - 16804 Range Short
16696 - 16687 Range Long
16625 - 16604 Highest Odds Long FTD
16566 Extreme Long
Trade smart and trade well!
Prior Day Review: YM TS TradePlan Chart for the E-mini Dow Futures - Monday June 30, 2014
Below a look at some TS TradePlan Charts from Monday June 30, 2014. All displayed with the new TS TradePlan Indicator for NinjaTrader. The indicator is available now for members. One of the cool things about the indicator is it automatically plots the TS #'s and Execution/Target Zones in real time on any time frame chart.
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