The US stock indices are in extreme upside vertical development and are as one-sided in the present leg up that began at the June low as in any rally since last November. I mentioned several days ago one of the possibilities was an acceleration higher. This qualifies as being in some sort of accelerated state, and momentum could actually increase from near present levels. The Dow/YM and the S&P/ES are trading right at their respective all-time highs. This is an Auction Market inflection point and sharp moves have a high probability of occurring at these levels. Until all the indices close below the low of the previous day this is a very dangerous market to try to short.