S&P500 Re-test or Bearish Breakout? E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! EmpowerTrader S&P500 is having a pretty bad day! We were down almost 2.5% at one point. Now, we're having a bit of a pullback taking us back above 4365, a key support level . Is this just a re-test or is more downside installed for us?