For purposes of getting short, we’re using a target in the E-Mini S&Ps that lies just above Friday’s record high. However, the cash index achieved, and very slightly exceeded, an equivalent target at 1617.84, so we’ll need to be ready to position ourselves via camouflage in the former. Notice that extending a lesser, finishing-stroke abc yields an unachieved target at 1648.37. Rather than try to reconcile this with the E-Mini target, which is somewhat lower, we’ll simply take both into account and let each inform our expectations for the other.
