Stocks - To the Moon? S&P 500 E-MINI FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! Glewis54 Many are claiming, no test of the lows, a cure/vaccine is in sight. New highs imminent. Who knows, I've seen crazier in this market over the past few years. But in my world, I continue to approach stocks from the short side and target the 50% retracement first, next the . 618 retracement . Both coincide with important trend lines that are moving down. Stochastics are now overbought but BBW is not increasing. In the Elliott Wave world, this is merely a B wave in a corrective phase. I had been expecting this move to go to around the 2,000 level. As such, I hold mostly cash but have SDS which I will add to at the Fib levels, and TBT for long term bonds to fall.