ESH13 – March E-Mini S&P (Last:1467.75)

The futures finally lurched into gear, presumably bound for a 1494.50 target that should be familiar to all by now.  It was very easy to catch a ride if you followed yesterday’s advice, although it would have required initiating the trade at around 7:30 a.m. EST, two hours before the regular session began. It also would have required staying cool as the usual idiots and clowns drove the futures into up-and-down spasms after the opening.  I’ve reproduced the chart so that you can see how perfectly the ‘camo’ opportunity I’d described played out.  Chat-room trading discussion mainly concerned gold vehicles, and no one even mentioned the E-Mini trade, so I’ll assume there was zero interest in it. Still, there’s nearly 30 points of potential upside to leverage for anyone who cares to notice.