10:11 am EDT:  Factory Orders were up and the ES has exceeded the upper range of our preferred sell area by three ticks.  We don’t want to be short on any further surge as there could easily be a retest of the 1048.00 level.  If the ES dies here, it will be the third day in a row it sells off on a bullish report having to do with the capital goods sector.  So, if it can rally now, the worst may be over.