April 16, 2011

04/15/2011 Session


No trades triggered.

Session low was 12,186; session high was 12,314; settlement price was 12,303.

Orders for 04/18 session:

Buy YMM11 @12,152 with 12,134 stop and 12,188 take-profit.
(Daily S2 support @12,140 and weekly S1 support @12,144; daily S1 support @12,221)

Sell YMM11 @12,398 with 12,416 stop and 12,362 take-profit.
(Daily R2 resistance @12,396; daily R1 resistance @12,349)

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

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