February 2, 2011

02/02/11 Session


No trades.

Session low was 11,946; session high was 12,010; settlement price was 11,985.

Orders for 02/03/2011 session:

Buy YMH11 @11,902 with 11,884 stop and 11,938 take-profit.
(Weekly R1 resistance is at 11,914 and daily S2 support at 11,916; daily S1 support is at 11,951)

Sell YMH11 @12,048 with 12,061 stop and 12,021 take-profit.
(Weekly R2 resistance is at 12,052 and daily R2 at 12,044; daily R1 resistance is at 12,015)

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

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