TraderSmarts Numbers for YM (U)
17050, 17041, 17022, 17015, 17002, 16985, 16972, 16955, 16942, 16933, 16924, 16907, 16898, 16888, 16862, 16858, 16844, 16833, 16810, 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, 16110, 16098, 16081, 16048 Support and resistance on the YM E-mini Dow Futures.
YM Contract Notes: We had been favoring shorting bounces the last two weeks. This week expecting good volatility both ways with 16566 and 16777 untested from below. 16462 TS # is LIS Tuesday.
Macro Technical View: 16777 is Macro LIS. 16985 MTS can be used for macro positioning. <<< last done on Tuesday.
YM Execution/Targets Zones:
16777 - 16757 Extreme Short
16670 - 16642 Highest Odds Short FTU
16566 Range Short
16347 - 16239 Range Long
16200 Highest Odds Long FTD
16098 - 16081 Extreme Long
Trade smart and trade well!
Prior Day Review: YM TS TradePlan Chart for the E-mini Dow Futures - Monday August 4, 2014
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