There are 3 scenarios I see.
1) S&P gets carried back to highs today on a nasdaq that knows no top
2) S&P gets to a Max of $3450 tomorrow which at that point I'll short again
3) The day is long and the nasdaq wears down and drops with the S&P
Of course I'm hoping for the latter
Conversation
When you say short the s&p do you mean when its up you head into spxu?