12/20/10 Session

No trades.

Session low was 11,378; session high was 11,472; settlement price was 11,404.

Orders for 12/21 session:

Buy YMH11 @11,352 with 11,334 stop and 11,388 take-profit.

(Weekly S1 support is at 11,344 and daily S1 at 11,364; weekly Pivot Point is at 11,402 and daily PP at 11,418)

Sell YMH11 @11,498 with 11,516 stop and 11,462 take-profit.

(Daily R2 resistance is at 11,512 and weekly R1 resistance at 11,488; daily R1 is at 11,458)

(Click to enlarge)

Sell YMH11 @11,548 with 11,566 stop and 11,516 take-profit.

(Weekly R2 resistance is at 11,546; daily R2 is at 11,512; order added 12/21 @1:00 pm ET)

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