YM running into ressistance at 11,086?

Discussion in 'Index Futures' started by Johnny Walker, Feb 15, 2006.

  1. Any opinions on if the YM will be able to blast through the high from 1/11/06 at 11,086. It rejected this number very hard earlier during the day going as low as 11,003, but then bouncing back up to 11,071.

    I personally shorted a YM contract 11,066 with a stop 11,090 in case this ends up being a turning point.

  2. yes It will break but will come back 10700-800 again. I really do not know how far it will go after breaking 11086 but hope will not cross 11110.
  3. Happyface, what is your reasoning behind this claim?