ESH11 – March E-Mini S&P (Last:1234.75)

March E-mini S&P (ESH11) price chart with targetsA Hidden Pivot at 1245.25 is equivalent to the one at 1250.25 that I gave here earlier for the December contract, and there should have been no problem achieving it.  The fact that there was a problem should command our attention and tilt our bias negative for now.  Night owls can nevertheless try bottom-fishing the 1228.00 target of the corrective pattern show, but you should pay close attention to price action at the 1232.75 midpoint, since a precise bounce would corroborate the ‘d’ target itself.