05/25/2011 Session

No trades triggered.

Session low was 12,227; session high was 12,420; settlement price was 12,351.

Orders for 05/26 session:

Buy YMM11 @12,202 with 12,184 stop and 12,234 take-profit.

(Weekly S2 support @12,212; daily S1 support @12,245)

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

(Daily R1 resistance @12,438; weekly R1 resistance @12,339)

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