05/20/2011 Session

No trades triggered.

Session low was 12,459; session high was 12,603; settlement price was 12,466.

Orders for 05/23 session:

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

(Weekly S1 support @12,339 and daily S2 support @12,365; daily S1 support @12,416)

Sell YMM11 @12,598 with 12,616 stop and 12,566 take-profit.

(Weekly R1 resistance @12,604; daily S1 support @12,560)

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