Monday, August 18, 2014

TS TradePlan for the YM E-mini Dow Futures - Tuesday August 19, 2014

TraderSmarts Numbers for YM (U)
16985, 16977, 16960, 16938, 16924, 16907, 16898, 16888, 16862, 16858, 16844, 16833, 16814, 16810, 16794, 16777, 16757, 16749, 16728, 16718, 16696, 16687, 16670, 16658, 16642, 16630, 16625, 16611, 16604, 16582, 16566, 16545, 16528, 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 Support and resistance on the YM E-mini Dow Futures.


YM Contract Notes: Favoring shorts Tuesday keyed to short Execution/Target Zones. 16810 TS # is LIS Tuesday. Trading back over 16777 Macro LIS. Expectation is we test back down south of 16777 and into 16658 TS # for a test from above. 

Macro Technical View: 16777 is Macro LIS. 16985 MTS last used for Macro positioning on Tuesday 7/29/2014 and rather compelling. Chart is on the blog I noted it on that day. 

YM Execution/Targets Zones:
16977 - 16960 Extreme Short
16888 - 16862 Highest Odds Short FTU
16844 - 16833 Range Short
16728 Range Long
16658 - 16642 Highest Odds Long FTD
16457 Extreme Long

Trade smart and trade well!

Prior Day Review: YM TS TradePlan Chart for the E-mini Dow Futures - Monday August 18, 2014
Notice the price action and how she works her way through the Short Execution/Target Zones.

Monday's GC TS TradePlan Gold Chart - August 18, 2014

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