Here we are again, back at that important 1150 level on the S&P.  After breaking above that level last week, it was mentioned in the webinar last week that a test of that breakout was to be expected.  That's what is going on at the open this morning.  If we can't hold the 1150 level on the close today, you have to pull back on the bullish thesis.  Some are quoting some moving average support around 1135, however to stay bullish 1150 is more important in this author's opinion.