Quote from drownpruf:
You don't quote both? SPX and ESH4. My targets are based upon the cash index (SPX) and translated to ESH4. I am short in a swing-trade looking for 19.25 futures (1819.25). We leave off the big figure as it's assumed ppl will know where ES is trading. I will be out on my target on a touch of 19.25 on futures.
Cash is trading ~six over futures.
Alright, and what price ES would you stop out? 1849? or is that SPX cash price?