Second (such as 'you' ) and third (such as 'he/she' ) people in the singular of the imperfect future of indicative mode for the verb acariciar. .
It's a petting inflection. It means rubbing, pampering, pampering, sobar. Figuratively it is to desire, to wait, to imagine, to get excited, to be very close to something.
caress -it refers to the expression : you will think complacefully of one thing in the hope of getting it or performing it. -