07/26/2011 Session

No trades triggered.

Session low was 12,423, session high 12,603 and settlement price 12,432. 

Orders for 07/27 session:

Buy YMU11 @12,302 with 12,289 stop and 12,324 take-profit.

(Daily S2 support @12,306; weekly S1 support @12,324)

Sell YMU11 @12,548 with 12,566 stop and 12,512 take-profit.

(Daily R1 resistance @12,549; daily Pivot Point @12,486)

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