ESM10 – June E-Mini S&P (Last:1057.00)

June E-Mini S&P (ESM10) price chart with targetsShortly before 2 a.m.,the futures had tripped an entry signal at 1057.50, implying they’re bound for its sibling midpoint at 1062.50, or perhaps to 1072.50 if any higher. I’ll suggest passing this one up, since latecomers are being given far too much time to get long.  The trade might have been a go intraday using a “time stop” designed to take you out of the position if the move from the ‘X’ entry price to the ‘p’ midpoint did not materialize in, say, two or three minutes.