Da Sleazeballs manipulated all of yesterday’s gains in the space of 15 minutes on Sunday night. This means that almost no one got on board and that bears had to spend all of Monday playing a tedious game of cat-and-mouse to get at least some of their shorts back. What surprises is that Da Dirtballs were unable to achieve any follow-through with more short-squeezing intraday. On balance, shorts appear to be in just enough trouble to provide buoyancy even with relatively little help from merely bullish buyers. If so, look for the next squeeze to push the futures up to 1117.25, a Hidden Pivot that can be shorted with a stop-loss as tight as 1.00 point. The 1110.75 HP midpoint has been exceeded tonight by a single tick — not enough for us to consider it busted, but close enough to affirm the correctness of our target.