YMH11 – March E-Mini Dow (Last:12073)

We shorted 12355 and took a partial profit on the 29-point pullback that ensued. I’ll assume that any subscriber who took the trade covered on a feint later in the day to 12379, but if you stayed short, please let me know in the chat room or at rick@rickackerman.com so that I can establish a tracking position of two contracts for your further guidance. In any event, as suggested with the E-Mini S&Ps, you should look for opportunities to re-short this vehicle at the ‘p’ midpoint or ‘d’ target of any minor, upward abcd retracement that occurs. In addition, I’ll be posting explicit entry instructions for subscribers here and in the chat room if I spot a compelling opportunity intraday.