THe S&P 500 reached it's bullish target at the 2000-2020 area (around 200-day MA on the daily chart) with a solid W-shaped recovery not unlike the one experienced on Q32015.
There are a couple of technicals that I'm using as a rationale to open short positions from current levels:
1. Lower lows on Jan-Feb,
2. RSI about to hit Overbought on the Daily chart.
3....