Ready To Switch

The strong upthrust to 1411 I was anticipating on Friday never materialized. The closest thing occurred last night in the overnight session. Futures spiked higher and reversed. It has me concerned, but not overly so. As ever what matters to me is what occurs in the regular session of the cash S&P index, where I do not think the pattern is complete. However, anything under 1374.76 will cause me to dump my SSO hedge and switch my strategy to very bearish, most likely pretty fast. Although doing anything pretty fast this morning seems ambitious after playing paintball this weekend.