The 169.95 rally target shown doesn’t synch up with the 1948.25 target given today for the E-Mini S&Ps.  In fact, it implies that the Dow will need to rally about 100 points higher than the analogous target for the E-Mini. Be that as it may, I’ll suggest treating these vehicles separately: short 1948.25 and/or 1954.25 if you’re playing the ES, but use 169.95 to buy puts if you prefer to trade an equity vehicle with options rather than futures contracts.  You can load up on out-of-the-money puts in whatever size you’re comfortable with, but blow them out if they trade more than 0.15-0.25 below the bid price with DIA at 169.95. (Note:  The 169.95 target was erroneously given in two places above as 169.25, although not where I had boldfaced it in green.  This implies that no short was taken.  If you did so anyway, stop yourself out of the puts is they trade for 0.15 less than you paid for them.)  _______ UPDATE (June 10; 12:46 a.m.): DIA peaked yesterday at 169.58, so the 169.95 remain viable in theory. You can short there on the terms suggested above.