The September e-mini S&P (ES) got within 2 ticks of the 1291.75 pivot yesterday before losing steam and closing below the 1286.25 level.  As we mentioned yesterday – “It would be surprising if ES doesn’t test 1261 today or tomorrow”.  First step on that path is to get back below 1276.25.  At current level, ES needs to resolve the unsustainable current uptrend – either by consolidating or moving lower.  A consolidation tells us there is more upside to come, while the outcome of a decline would be dictated by how low ES goes.  Support @ 1276.25, 1268.75, 1261, 1255.25, 1248.50, 1241.25, 1237 and 1229.  Resistance @ 1286.25, 1291.75 (pivot), 1298, 1310 and 1321.50.