Trades/Orders (End of 11/22/10 Session)

No trades for the 11/22/10 session.

Session low was 11,031; session high was 11,244; settlement price was 11,165.

Orders for the 11/23 session:

Buy YMZ10 @11,002 with 10,984 stop and 11,038 take-profit.

(Weekly S1 support is 11,002; daily S1 support is 11,049)

Sell YMZ10 @11,298 with 11,316 stop and 11,266 take-profit.

(Weekly R1 resistance is 11,301; daily R1 resistance is 11,262)

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