June 7, 2011

06/07/2011 Session

No trades triggered.

Session low was 12,047; session high was 12,165; settlement price was 12,072.

Orders for 06/08 session:

Buy YMM11 @12,002 with 11,989 stop and 12,024 take-profit.
(Daily S2 support @11,977; daily S1 support @12,024)

Sell YMM11 @12,198 with 12,216 stop and 12,162 take-profit.
(Daily R2 resistance @12,213; daily R1 resistance @12,142)

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

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