I’ll look to short at 17650-700 levels and go long at lower levels close to 17200-100
Good Morning and Happy Valentine Day folks 
Market is in a mood to do explosive moves and is now reaching our levels of trgt in shorts from 17650 zones. My strategy today would be wait for sometime before initiating any fresh position as markets have lots of triggers to react to (some are sentimental like abg shipyard fraud news, some are current issues like russia ukraine tussle)
I want to be a daredevil and look for buying opportunities in case there is a deeper dip (somewhere near 16900-950). Before that, i’ll try to see if there is any strength in stocks and look for opportunity in stock specific action ( energy sector esp)