And it looks like you have mis-routed the chain around the rear mech cage as shown below
View attachment 490329
The chain should thread through above the tab.
Parktools website had three ways of determining correct chain length.
Is this your 1st time? Just make sure you correct the routing at the rear mech, you don't want to mangle that piece of Ultegra finery!
Are you sure the routing in the cage is correct? It looks like it is going over the pin as it comes off the top jockey.Looks and works ok now. Time for a cuppa!
View attachment 490338
Doh! I see what you mean! Twat.I give up!
Yep, looks fine, keep riding...….