May 2, 2011

05/02/2011 Session


No trades triggered.

Session low was 12,732; session high was 12,873; settlement price was 12,764.

Orders for 05/03 session:

Buy YMM11 @12,652 with 12,634 stop and 12,688 take-profit.
(Weekly Pivot Point @12,647 and daily S2 support @12.649; daily S1 support @12,706)

Sell YMM11 @12,848 with 12,866 stop and 12,812 take-profit.
(Daily R1 resistance @12,847; daily Pivot Point @12,790)

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

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