02/18/11 Session

No trades.

Session low was 12,272; session high was 12,379; settlement price was 12,375.

Orders for 02/21/2011 session:

Buy YMH11 @12,302 with 12,284 stop and 12,338 take-profit.

(Daily S1 support is at 12,305 and weekly Pivot Point at 12,307; daily Pivot Point is at 12,342)

Sell YMH11 @12,448 with 12,461 stop and 12,426 take-profit.

(Weekly R1 resistance is at 12,447 and daily R2 at 12,449; daily R1 resistance is at 12,412)

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