ESM12 – June E-Mini S&P (Last:1330.00)

June E-Mini S&P (ESM12) price chart with targetsThere are more bottom-fishing numbers than we can use, but if I had to pick my favorite it would be 1310.00, a Hidden Pivot support inventoried here yesterday.  We can dispense with ‘camouflage’ on this one, simply bidding 1310.25 with a three-tick stop-loss. If the prop-desk monkeys really are monitoring these targets as Dale suggests, front-running us whenever they can, we can play it safe by canceling the trade if the futures rally more than 2.50 points from anywhere between 1310.25 and 1311.00.