I had a rather weird experience today. I hit a turn rather quickly, hit a bump, and then my traction and only my traction light came on. It went away within seconds. As soon as it went away my traction control was the exact opposite. If my car moved forward at all, even 3mph traction control would kick in. This fixed itself after about 30 mins but does anyone know what could of caused this? Is my system beginning to fail?

I drove home with traction control on and it was fine.

the wheel speed sensor could have been knocked loose or something of the sort and could have told the computer that you didnt have traction. it probably knocked itself back in to place.