December 18, 2010

12/17/10 Session


No trades.

Session low was 11,388; session high was 11,447; settlement price was 11,430.

Orders for 12/20 session:

Buy YMH11 @11,302 with 11,284 stop and 11,338 take-profit.
(Daily S3 support is at 11,304; weekly S1 support is at 11,344 and daily S2 support at 11,363)

Sell YMH11 @11,548 with 11,566 stop and 11,512 take-profit.
(Weekly R2 resistance is at 11,546 and daily R3 at 11,540; weekly R1 is at 11,488)

(click to enlarge)

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

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