Trades/Orders (End of 11/29/10 Session)

No trades on the 11/29/10 session.

Session low was 10,916; session high was 11,115; settlement price was 11,039.

Orders for the 11/30 session:

Buy YMZ10 @10,902 with 10,884 stop and 10,938 take-profit.

(Weekly S1 support is 10,917; daily S1 is 10,932)

Sell YMZ10 @11,198 with 11,216 stop and 11,162 take-profit.

(Daily R2 resistance is 11,222; weekly R1 is 11,193)

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