ESH11 – March E-Mini S&P (Last:1255.00)

March E-mini S&P (ESH11) price chart with targetsLet’s risk a theoretical three ticks shorting the somewhat obscure target at 1262.75 shown in the chart.  You’ll be on your own if the order fills and survives, but to my eye the pattern looks like it has the potential to produce more than just a piddling pullback, assuming it pulls back at all.