June 8, 2011

06/08/2011 Session

No trades triggered.

Session low was 12,005; session high was 12,093; settlement price was 12,030.

Orders for 06/09 session:

Buy YMM11 @11,952 with 11,934 stop and 11,988 take-profit.
(Weekly S1 support @12,941 and daily S2 support @11,955; daily S1 support @11,992)

Sell YMM11 @12,148 with 12,166 stop and 12,112 take-profit.
(Daily R2 resistance @12,131; daily R1 resistance @12,080)

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

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