January 22, 2011

01/21/11 Session


No trades.

Session low was 11,745; session high was 11,857; settlement price was 11,822.

Orders for 01/24/2011 session:

Buy YMH11 @11,702 with 11,684 stop and 11,734 take-profit.
(Daily S2 support is at 11,696; daily S1 support is at 11,759)

Sell YMH11 @11,919 with 11,931 stop and 11,902 take-profit.
(Daily R2 resistance is at 11,920; weekly R1 resistance is at 11,890)

[ For some background and a disclaimer, please read this post and especially this post. ]

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