Never Never Land

ES broke below the uptrend line overnight last night and momentum indicator threw a sell signal so went short.  However, the pattern from the high Friday into the low today is very corrective in nature, and the move up from the low today is impulsive in nature.  Also, the sell signal on my momentum indicator disappeared, so seriously considering covering the short ES position.  At some point we should see a decent correction but we may not be there yet.