February 12, 2011

02/11/11 Session


No trades.

Session low was 12,130; session high was 12,253; settlement price was 12,241.

Orders for 02/14/2011 session:

Buy YMH11 @12,102 with 12,084 stop and 12,144 take-profit.
(Daily S2 support is at 12,085 and weekly S1 at 12,100; daily S1 support is at 12,163)

Sell YMH11 @12,398 with 12,416 stop and 12,356 take-profit.
(Weekly R2 resistance is at 12,394; daily R2 resistance is at 12,331)

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

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