May 26, 2011

05/26/2011 Session


No trades triggered.

Session low was 12,300; session high was 12,424; settlement price was 12,409.

Orders for 05/27 session:

Buy YMM11 @12,252 with 12,234 stop and 12,288 take-profit.
(Daily S2 support @12,254; daily S1 support @12,331)

Sell YMM11 @12,448 with 12,466 stop and 12,412 take-profit.
(Daily R1 resistance @12,455; daily Pivot Point @12,378)

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

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