As of 10:15 p.m., the short-squeeze that produced yesterday’s impulse leg on the hourly chart had barely even corrected, suggesting that bears could be in for a rough time today. Your warning to get out of  the way came when the futures exceeded 1034.75, a benchmark noted in Monday’s touts. That said, the burden of proof will be on bulls nonetheless, since the long-term channel that produced last week’s dramatic top is not exactly chopped liver.