Looking to cover SPY shorts pretty soon. If one were to be safe, either today or tomorrow. The daily oscillators on SPY/ VIX are close were they need to be and risk of a big short squeeze is increasing. Who knows maybe a big waterfall event is around the corner but this is good enough for me.
Once the hourly gets oversold, I will unload a big chunk of the short positions.
The yellow area in CCI/ stochs is where I plan to close things out.