ESH17 – March E-Mini S&P (Last:2368.75)

You can use the pattern shown to catch the next thrust higher, presumably to its 2379.25 Hidden Pivot target. The easiest way to board came earlier today via a ‘mechanical’ bid placed at the green line.  This evening, the red line ‘midpoint pivot’ can be used in the same way. Notice, however, that the last five or so bars provide the sort of tradable ABC pattern we look for to initiate very-low-risk entries using the ‘camouflage’ technique.  The opportunity would ripen if a pullback creating a point ‘C’ low comes from comes from 2368.75 or lower. I’ve sketched this by adding a couple of hypothetical price bars at the right-hand edge of the chart.