ESH12 – March E-Mini S&P (Last:1307.00)

March E-Mini S&P (ESH12) price chart with targetsSunday night’s presumably stage-managed weakness has bounced precisely from the minor Hidden Pivot support at 1305.00 shown in the chart. Any lower, however, and some real selling could hit, sending the futures down to at least 1298.75 (see inset) overnight. You can bottom-fish there with a stop-loss as tight as 1.00-point, but the preferred way to enter would be via a ‘camouflaged’ abc uptrend from the target, using the very lesser (i.e., one-  or three-minute bar) charts.  Alternatively, bulls would regain control with a print exceeding 1320.25.  Check out the 5-minute chart to see why that could conceivably set up an opportune ‘camo’ buy signal.  Want to learn how to find these entry spots yourself?  Click here for information about the upcoming Hidden Pivot Webinar.