Resistance Holds in Morning Trading

The key 1188 - 1190 resistance on the ES held up in the morning session putting question into any strength continuing on the heels of yesterday's reversal. It is only mid-day now, but there is an intra-day down trend forming which could indicate a continuation of selling into the afternoon. Until we get a close above 1189 or 1190, there is no reason to be thinking on the long side. Lets see where we close today...