ESZ13 – December E-Mini S&P (Last:1807.00)

As has occurred with increasing frequency in recent months, the markets have opened Sunday evening with a timidity that belies their underlying, rabid demeanor. All DaBoyz need to trigger the short squeeze that would officially kick off this season’s ‘Santa rally’ — I hate that phrase — is some mote of news that could be construed as remotely bullish for stocks. (Said news evidently won’t be coming from Wal-Mart or other retailers that target the down-and-out, however.) My guess is that the futures will reach the 1814.00 target (see inset) overnight. That wouldn’t leave much for night owls to trade, but the target can be shorted nonetheless using camouflage. Please note that even a small overshoot of perhaps 1.00 point or more would be warning bears to get out of the way ahead of the opening bell.