05/23/2011 Session

One trade triggered:

Bought YMM11 @12,352, stopped out @ with 12,331; P&L: -21 points.

Session low was 12,311; session high was 12,455; settlement price was 12,362.

Orders for 05/24 session:

Buy YMM11 @12,302 with 12,284 stop and 12,334 take-profit.

(Daily S1 support @12,297; weekly S1 support @12,339)

Sell YMM11 @12,448 with 12,466 stop and 12,412 take-profit.

(Daily R1 resistance @12,441; daily Pivot Point @12,376)

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