ESM12 – June E-Mini S&P (Last:1392.50)

June E-Mini S&P (ESM12) price chart with targetsIt doesn’t take a technical genius to see where this rally is headed: 1439.55. That’s the ‘D’ target of the pattern shown, and it would become an odds-on shot once the futures have closed for two consecutive days above the p midpoint, 1396.00. Camouflageurs should have a field day getting long, since even on the hourly charts there are ‘externals’ and ‘look-the-lefters’ galore.