The September e-mini S&P (ES) closed 2 ticks above the 1291.75 pivot, but its difficult to call that a breakout.  Let’s see if ES can close above it today.  We are watching MACD (momentum - click here for a definition) to see if it can get above 0, which point to an uptrend.  A move above 0 would be the first time since June 5 that it’s been in positive territory.  Support @ 1291.75 (pivot), 1286.25, 1276.25, 1270, 1256.75, 1248.50 (pivot), 1235.25 and 1222.  Resistance @ 1298, 1307.50, 1321.50, 1332.75 and 1350 (new).