ESZ10 – E-Mini S&P (Last:1181.00)

An 1175.50 target disseminated during yesterday’s pre-opening briefing caught the low of the day within three ticks, although I’d recommended that traders use a two-tick (yikes!) stop-loss if they planned to bottom-fish.  There was nothing exciting in the offing Tuesday night, although traders would have an excellent opportunity to try getting long via camouflage if the futures trace out a pattern very much like the one shown.