July 18, 2011

07/18/2011 Session

No trades triggered.

Session low was 12,239, session high 12,453 and settlement price 12,328

Order for 07/19 session:

Sell YMU11 @12,448 with 12,466 stop and 12,412 take-profit.
(Weekly Pivot Point @12,456 and daily R1 resistance @12,441; daily Pivot Point @12,340)

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

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