The problem with shorting at the current price is the 'C-Clamp formation' of tenkan and kijun which basically says that price needs to catch up with the equilibrium point or that equilibrium needs to catch up with price. The odds of a sudden drop or further momentum here are less likely compared to more sideways or a bounce up. Better explanation on the C-Clamp formation from ChaosTrader here https://www.youtube.com/watch?v=y0NqJzLngRQ
Another interesting formation is a which looks to bounce around $980 which is also in the technical and psychological level at $1000. Once it breaks $1000 though, there may be a massive freefall to the bottom of the range around $730-800. Price should bounce around in the as I've drawn and come to a decision point around November 2017.