03/23/2011 Session

One trade:

Sold YMM11 @12,048, covered @12,026; P&L: 22 points.

Session low was 11,907; session high was 12,055; settlement price was 12,021.

Orders for 03/24 session:

Buy YMM11 @11,852 with 11,834 stop and 11,888 take-profit.

(Daily S2 support @11,846; daily S1 support @11,934)

Sell YMM11 @12,098 with 12,116 stop and 12,062 take-profit.

(Daily R1 resistance @12,082; weekly R1 resistance @12,045)

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