How High will it go this Time?

I thought it would an opportune time to open the "how high will it go thread" given we have no doubt broken the technical charting issues and are now moving to fundamental news events.

I'm going for 4.50 by Jan... 

On that note, just as I thought, us china tarrif news is rosy and matching what was originally proposed but this time without the lunatic going on about ridiculously pointless things

Some body made a good point about 65m shorts needing cover on 2.5m daily volume. This trade announcements along with the fed neutral comments along with black friday online record sales is really going to drive a risk-on Santa clause rally. I'd hate to be trying to cover short positions in this recovery rally. 

https://www.bloomberg.com/news/articles/2018-12-01/trump-opens-dinner-china-s-xi-with-truce-in-trade-war-at-stake?cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_content=business&utm_source=twitter&utm_medium=social