ESH11 – March E-Mini S&P (Last:1294.50)

Amazing how the futures can continue to drag themselves higher even when buying interest is very evidently close to zero.  A Hidden Pivot target at 1305.75 is still my minimum expectation, and you can still short it with a stop-loss as tight as three ticks.  Officially, we’ll risk 1307.25, since the rally has taken so long to get there that we’d hate to miss a potential top. I am mildly uncomfortable with the fact that the target has been advertised for so long, so don’t be too surprised if we get front-run.