Shorts were pinned on the ropes at the closing bell, presumably just a round or two from being goaded into doing something desperate. Again. Barring an outbreak of nuclear war or some other event that could conceivably unsettle Wall Street for an hour or two, short-covering looks all but certain to drive the futures to the 1960.75 rally target shown.  At that point E-Mini S&P will have recouped three-quarters of the loss sustained in the steep slide of late July/early August. For the moment, my instruction to subscribers is to buy any pullback to the red line, an erstwhile midpoint Hidden Pivot resistance that has presumably turned into support. For bears who got short near the July top and who are intent on holding the position come hell or high water, a run-up to 1960.75 would pose both a threat and a daunting challenge. My advice would be to cover the position if 1960.75 is hit today, and to plan on re-shorting at the next Hidden Pivot rally target that develops. This is notwithstanding the fact that a short from 1960.75 promises to deliver a tradable pullback and perhaps a small profit.