Yesterday’s feeble, ratcheting short-squeeze changed nothing in my outlook, although what progress the futures made has given me a queasy feeling that the 1960.75 target will be achieved on Friday’s closing bell.  Of course, it would take more daring to open a short position at that point. But even if the target is hit earlier in the session, a shallow pullback would have the same effect. My advice is to short the little sonofabitch anyway, provided you are able to monitor and cover the position if necessary when index futures begin to trade Sunday evening.  To bolster your confidence, let me say this:  I cannot imagine this vehicle not reaching the target, nor failing to produce a tradable pullback from within an inch of it. _______ UPDATE (11:44 a.m. EDT): The futures head-faked on the opening to exactly 1961.00 (!) then tanked 20 points. The short recommended above could have been worth as much as $1000 per contract. Click here to get free access for two weeks to the good stuff that only paying subscribers see.