SP 500 Index failed to move to 1600 and it's now moving down to test 1538/30 S/R cluster and possible support area. (1529.50/1524 is the equivalent support cluster for the ES. -- ESM3 now trading at 1536) Will see what happens then. Will talk latter above possible objectives if the support cluster fails. -- We will know in soon.

SP 500 INDEX trading now at 1540.59

As always, the market has the last word and in due time will show me the way.

g