Countertrend

My short position is a counter trend position because it is counter to my weekly outlook.  Thus, I am looking for the down move to happen within 5 days and will not stick around past 5 days looking for a selloff.  On the daily, we are extremely overbought and there is anticipatory buying ahead of earnings.  Thus, the short position.  Overall, bearish sentiment is supportive of a longer lasting up move, perhaps 4 to 6 weeks in duration.