August 23, 2011

08/23/2011 Session

No trades.

Session low was 10,808, session high 11,150 and settlement price 11,141

Orders for 08/24 session:

Buy YMU11 @11,002 with 10,984 stop and 11,034 take-profit.
(Daily Pivot Point @11,033 and weekly Pivot Point @11,035)

Sell YMU11 @11,298 with 11,316 stop and 11,266 take-profit.
(Weekly R1 resistance @11,293; daily R1 resistance @11,258)

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

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