If the so-far moderate short squeeze off Thursday’s 5874 low touches the green line (x=6031.56), it would trigger an enticing ‘mechanical’ short, stop 6107.75. Since this would follow a record high in early December at a major Hidden Pivot resistance, we may soon have more evidence that a long overdue bear market has begun. Paper-trade this one unless you are adept at using ‘camouflage’ triggers to shrink entry risk. A relapse to the D target at 5803.75 would not be impulsive, although it would follow an A-B leg that was, unmistakably. ______ UPDATE (Jan 6, 9:34 a.m. EST):  The short triggered at 6033.25 and produced a theoretical gain moments later of 8 points ($400) per contract. The trade is still live, with two contracts covered at p=6025.25, and two remaining to be covered at d=6009.50 (15m, a=5965.75 on January 3 at 9:45 a.m.). The stop-loss would be at your discretion now.