The S&P 500 is near a crucial threshold, and we still plan to use an E-Mini S&P target that I disseminated in the chat room to get short. However, because it conflicts somewhat with two rally targets I’ve flagged for the cash index, we’ll need to pay close attention to each to determine how aggressively to position ourselves against the trend.  Today’s DIA tout also contains advice for shorting, along with a chart that shows how Friday’s high hit an important rally target precisely.