July 23, 2011

07/22/2011 Session

No trades triggered.

Session low was 12,592, session high 12,749 and settlement price 12,621

Orders for 07/25 session:

Buy YMU11 @12,502 with 12,484 stop and 12,534 take-profit.
(Daily S2 support @12,497; weekly Pivot Point @12,536)

Sell YMU11 @12,798 with 12,816 stop and 12,762 take-profit.
(Daily R2 resistance @12,811; daily R1 resistance @12,716)

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

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