ESM10 – June E-Mini S&P (Last:1182.75)

The futures made slight headway toward the 1196.50 target flagged here yesterday.  Longs may find it difficult to board, since the uptrend has unfolded in fitful spasms sandwiched between wholly unengaging stretches of monotony.  The target remains shortable nonetheless, and you can use a stop-loss as tight as 1198.25.  The trade is less than optimal because the Hidden Pivot is so close to widely anticipated round-number resistance at 1200.