March 7, 2011

03/07/2011 Session


No trades.

Session low was 12,027; session high was 12,232; settlement price was 12,078.

Orders for 03/08 session:

Buy YMH11 @12,002 with 11,984 stop and 12,038 take-profit.
(Weekly S1 support @11,990 and daily S1 @11,993; daily Pivot Point @12,112)

Sell YMH11 @12,198 with 12,216 stop and 12,162 take-profit.
(Daily R1 resistance @12,198; weekly Pivot Point @12,141)

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

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