November 5, 2011

11/04/2011 Session

No trades.

Session low was 11,790, session high 12,008 and settlement price 11,941

Orders for 11/7 session:

Buy YMZ11 @11,702 with 11,684 stop and 11,738 take-profit.
(Daily S2 support @11,695; daily S1 support @11,818)

Sell YMZ11 @12,198 with 12,216 stop and 12,162 take-profit.
(Weekly R1 resistance @12,210; daily R2 resistance @12,131)

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

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