ESH12 – March E-Mini S&P (Last:1322.25)

March E-Mini S&P (ESH12) price chart with targetsThere was no E-Mini tout yesterday — not that any of you should have missed it on a day when the biggest price swing was a paltry 9 points. This frustrating price action should be presumed a prelude to a shot at the 1353.00 target shown.  This is compelling midpoint action, and although there are no guarantees that the futures will surge past the ‘p’ pivot, we’ll know exactly where they’re going if and when this occurs.  Incidentally, the chart was marked up during a private session held yesterday for one of the three Hidden Pivot scholarship winners. We were looking for a trade at the time but found the pickings slim.  Each remedial sessions will be recorded, and webmaster Mike should have the first three ready for your perusal by today.  All who are signed up for the regular, weekly tutorial sessions are eligible to view them.  Click here for information on how you can join us.