TLTrader

Dow Futures YMH5 Mar 10 Set-up

Short
CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
YMH5 futures traced an inside day on Mar 09. YMH5 is being controlled by an outside week bar last week. . Expecting continued weakness with support coming at the uptrend support line at around 17500 in the intermediate term.

Overnight markets were weak and at present YM is off about 115 points from yesterdays close to 17855.

Sh0rt below yesterday's low at 17816. Cover at 17786.

0831am: The short is not closed with a gain of 30 points per contract.

For instructional purposes only.

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