Suspicious Activity

The inability of stocks to recoup all of yesterday’s losses in the final hour qualifies as suspicious activity, since short squeeze rebounds-out-of-nowhere have become part of an entrenched routine in recent years.  I’ve proffered a bearish target for the E-Mini S&Ps accordingly. Now let’s see how hard bears have to work to get there, since this detail could provide clues concerning a possible change in the major trend.