05/17/2011 Session

No trades triggered.

Session low was 12,350; session high was 12,562; settlement price was 12,437.

Orders for 05/18 session:

Buy YMM11 @12,352 with 12,334 stop and 12,388 take-profit.

(Daily S1 support @12,337; daily Pivot Point @12,450)

Sell YMM11 @12,598 with 12,616 stop and 12,562 take-profit.

(Weekly Pivot Point @12,600; daily R1 resistance @12,549)

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