ESM12 – June E-Mini S&P (Last:1374.50)

June E-Mini S&P (ESM12) price chart with targetsThe futures were off and limping yesterday, tacking on another six points of upside not long after the regular session ended.  The move was impulsively bullish on the hourly chart, although the surge looks too powerful to get us aboard risklessly by stealth.  My hunch is that the winning entry will come at the second signaled point ‘x’ of the still-undetermined pattern shown. Rather be a trader than a lurker? Click here to learn how.