A Guessing Game from Here

We are at that crucial point where we are just above the highs and it is really impossible to tell which direction the market will head in the short term. It is a dangerous game because the market could just as easily move significantly higher as it could reverse and dip hard back down below the highs. I currently am holding several small short positions that are obviously negative. I bought some ES this morning as a hedge, but I must watch this position closely and manage my account to best take advantage of the next move. I will look to unload my ES position in the short term either way.