Still Short

We tested 1140 on the SPX cash and we bounced off that level.  Looking at the big picture, we've come a long way over the past month, a bit more churning between 1120 and 1140 over the next week or two should increase bullish sentiment and set us up for another significant correction.  If we close above 1150 for more than a couple of days, I will have to reassess.  I am still holding my short position expecting weakness early next week.