Potentially important rally targets for the E-Mini S&Ps and the Diamonds are closely coincident, suggesting favorable odds for attempting a short in either vehicle. Check out today’s touts for precise details.  If the E-Mini S&P blows past its target, there’s one more in the sequence where we might look for a major top, as well as a rationale for getting long enroute to it.  ______ UPDATE (June 9, 2:28 p.m. ET):  Gangs away! Numerous subscribers report having gotten short at 1954.75, two ticks beneath today’s so-far high. If you want to see how this target was derived, and how potentially important it is, click on the thumbnail chart for a visual perspective.  This is the same target that I emailed last week to subscribers who requested it. As noted earlier, I didn’t publish the target because I didn’t want to jinx it. I will be establishing tracking guidance for the trade but for now am updating with risk-management tactics in the chat room.