The futures look bound most immediately for 1380.75, a Hidden Pivot that I identified during yesterday’s impromptu online trading session and posted in the chat room shortly thereafter. The move is too mature for a camo entry attempt, although you could try shorting at the target with a stop-loss as tight as three ticks. Be aware, however, that if the stop is hit the futures would be signaling more upside to the 1396.25 target of a pattern that comes from the daily chart: A=1296.00 (1/30); B=1358.00 (2/15); and C= 1334.25 (2/16).
