So the "chart obvious" happened and the S&P500 pulled back, confirming a short term top at 1247 with a much lower top and lower bottom bearish candle. A fall below 1230 which is the 61.8% fibo level of the fall from 1576 to 666 the March 2009 bottom, would signal more weakness.
The supports are at 1219 and 1200. Resistance at 1247.
Happy Trading !!