For small position longs - BE carefulIts looks to be coiling even in these wee hours and who knows, MMs can run it whenever they feel like it but I have a strong feeling that they may very well dig themselves into a deeper hole as in .. even higher short count with even stronger demand ..
So all that to say it can easily jump to over 2 and STAY there.. which means they would have to take it higher still to get sellers.
Its a tough call to be sure, although, no one can blame anyone for taking profit *shrug*
GLTA