07/20/2011 Session

No trades triggered.

Session low was 12,495, session high 12,578 and settlement price 12,507. 

Order for 07/21 session:

Sell YMU11 @12,598 with 12,616 stop and 12,562 take-profit.

(Daily R1 resistance @12,610 and weekly R1 resistance @12,594; daily Pivot Point @12,527)

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