08/17/2011 Session

No trades triggered.

Session low was 11,300, session high 11,508 and settlement price 11,381. 

Orders for 08/18 session:

Buy YMU11 @11,002 with 10,984 stop and 11,044 take-profit.

(Weekly Pivot Point @10,991)

Sell YMU11 @11,598 with 11,616 stop and 11,556 take-profit.

(Daily R2 resistance @11,604 and weekly R1 resistance @11,580; daily R1 resistance @11,493)

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