Yearly resistance acting like a support right now as you can see on chart. And while SPX >2700-2800 there is no significant risks. And there is my stop loss.
I will consider bearish positions if we will see bearish price action in 2500-2700 region (pivot-r1) . Otherwise naked shorts here is not safe or smart. It's just bears trying to outsmart and frontrun the market , because somneone sold them the idea of economy collapse once again.
That all will depends on Fundamentals and sentiment , but Fear and greed already at Extreme Fear and i don't see any real bearish shifts in fundamentals so far. Only thoughts and rumors , no facts.