Bear(s) on the ropes…

With index futures up slightly and bullion down slightly early Thursday night, there was little action on which to speculate. DaBoyz appeared to have shorts on the ropes in the Mini-Indexes, but the spike was so fleeting that perhaps bears are all-squeezed-out for the time being.  If not, I’ve provided a somewhat alarming target in the E-Mini S&P that is commensurate with a Dow rally of about 200 points.