12/15/11 Session

No trades.

Orders for 12/16 session:

Buy YMH12 @11,602 with 11,584 stop and 11,638 take-profit.

(Daily S2 support @11,601; daily S1 support @11,712)

Sell YMH12 @11,998 with 12,016 stop and 11,962 take-profit.

(Daily R2 resistance @12,007; weekly S1 support @11,947 and daily R1 resistance @11,915)

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