Time to build fresh Shorts??

Bears have literally been slaughtered in this rally by the Bulls. Once we opened gap up above 2860, there has been no looking back and any correction worth mentioning has been intraday only after a gap up opening. Now after taking out 3050 - a stoploss for many a seasoned Bear, next levels to watchout will be 3150-3180-3250 and 3295. It will be interesting when the Bulls finally decide to take some profit home. The best place to open short positions as of now look to be in the range of 3200-3250. The best place to go long will be near 2860 levels - however, it doesn't seem likely that we are going there in a hurry