December 7, 2010

12/06/10 Session


No trades.

Session low was 11,315; session high was 11,390; settlement price was 11,353.

Orders for 12/07 session:

Buy YMZ10 @11,202 with 11,184 stop and 11,238 take-profit.
(Daily S3 support is at 11,203; daily S2 is at 11,278)

Sell YMZ10 @11,498 with 11,516 stop and 11,462 take-profit.
(Daily R3 resistance is at 11,503; daily R2 is at 11,428)

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

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