ESZ13 – December E-Mini S&P (Last:1801.25)

The 1819.50 target shown can be used as a minimum upside objective for the near-term. Getting long via camouflage will be tricky, however, since the futures are trading in record territory. This means there are no true ‘external’ peaks that we can use for handholds.  The target itself is shortable, however, with a pattern delicate enough to suggest you may be able to get away with a three-tick stop-loss. If you initiate the position via a straight offer (rather than via camouflage), limit size to a single contract.