I thought it would be nice idea to enter short position cause the following environment was at a place: 1) materials w/ energies - that were on of the weakest - have slided while the market continued to move higher; 2) there was no Russell 2000 higher high and 3) financials - the strongest sector - was too reluctant to post higher high.
I though wow, that's nice time to fix the trade when financial sector, again, was too reluctant but now to slide further, plus $tick already twice didn't confirm ES lower lows. All at all, ES did splashed to the upside, but still financial sector was the leading issue that had pushed the market to the downside.
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