Friday’s run-up in the last 30 minutes is being mildly regretted and repudiated Sunday evening, but it’s still too early to tell whether the weakness will pr0ve to have been yet another ruse for DaBoyz to accumulate stocks ahead of the next short-squeeze. I wouldn’t turn outright bearish, however, unless the selling hits 978.00 today, since that’s what it would take to create a bearish impulse leg on the hourly chart. In that regard, Friday’s weakness perhaps reflected nothing more than DaBoyz’ reluctance to attempt to punch through to a new level without sufficient “good” news to goose shorts. Night owls can attempt bottom-fishing at 995.50 with a stop-loss as tight as three ticks. The basis for this recommendation  is shown visually in the accompanying chart. _____ UPDATE (4:06 a.m. EDT): My imagination failed me when I put out the analysis above, since tonight’s selloff has brutally exceeded all Sunday night shakedowns of recent memory. Traders who followed my advice would have been stopped out for small change. Now, you should be looking for a further fall to at least 984.25, implying that last Wednesday’s low at 985.75 is unlikely to hold. If and when it is busted, that will be step one (of two) toward creating a fresh and very nasty bearish impulse leg on the hourly chart. The selling appears to be for real and could turn ugly.  It seems like more than a mere shakedown.