ESU10 – September E-Mini S&P (Last:1125.00)

September E-Mini S&P (ESU10) price chart with targetsAn ancient rally target at 1136.50 still beckons, although it would take a pop above mid-May’s 1142.75 peak today to hint of still more upside to come.  There’s a second pattern that projects to 1141.25, but that too would fall just a tad shy.  Either of these Hidden Pivots can be shorted with a one-point stop-loss, but I wouldn’t suggest initiating the trade if the target is hit in the final 60 minutes of the session. Please note that you’ll be on your own if it fills.