I remain holding to all longer term targets of sp'1270, and possible low 1100s later this year. However, despite being a Permabear, I must take long positions sometimes, 'short, and keep shorting', never works out so great in the long term.
IWM'15min
VIX'15min
*Despite the opening jump up, VIX is looking very much like its maxed out, it could easily fall back below 20 late today.
I will look to close my current single long index position in a few hours probably. I sure would not wish to hold long - or short, overnight.
More later!