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It seems risky going short into month's end in a bullish market. The shorts had their chance yesterday and the outcome was a hugely bullish close. Almost unprecedented.
I'm guessing we'll have to wait to next week for any shorts worth taking beyond scalps. If at all.
moving stop up to 53
Edit removing stop until 1230 est
stop 57 target new lows
Taking a small short at 3039.25. Willing to add on close/overnight tomorrow with a 50 handle stop on full position. Looking for a move under 2,800 to lower end of monthly range.
out +5L 57
3129 by tomorrow's Close, yes?
Barring a strong sell today - I don't see why not.
EDIT: A bit of a stretch, but I have my eyes on that as an outlier target for this week.