ESH11 – March E-Mini S&P (Last:1286.25)

March E-mini S&P (ESH11) price chart with targetsAre we almost there??  The little-seen 480-minute chart shown makes a visually compelling case for a run-up to 1356.00 — the moreso because of the nearly two-week hydrant-sniffing interlude near the C-D midpoint, 1261.00.  Much as I’d like to keep this target a secret between you and me, superstitiously increasing its chance of working, it looks too good to fail simply because “everyone” knows about it.  If and when the futures get there, I’ll recommend shorting via camouflage rather than with a short offer and a tight stop at the pivot.  Between now and then, though, our bias for all swing trades should be bullish, since fully 70 points of upside remain.