We are waiting for a selling opportunity in the June E-mini S&P 500 contract. The S&P has been trending down in a channel since its high on 5-2-2011. With this downward momentum we feel it is a good time to start looking for short positions. On 5-23-2011 the S&P traded down to the bottom of the channel but we feel this would be too aggressive of a sell and without a bullish candlestick pattern we would not feel comfortable recommending a long position. We are waiting for the S&P...