07/05/2011 Session

No trades triggered.

Session low was 12,476, session high 12,559 and settlement price 12,533. 

Orders for 07/06 session:

Buy YMU11 @12,452 with 12,434 stop and 12,479 take-profit.

(Daily S2 support @12,440; daily S1 support @12,486)

Sell YMU11 @12,598 with 12,616 stop and 12,571 take-profit.

(Daily R2 resistance @12,606; daily R1 resistance @12,569)

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