Yesterday the market went up to the 62.30 level. The failed test up around the 62.30 resistance continues a turn back to short term bear trending action. Selloffs after the close has trade poised for a bear day and close under 59.41 implies a bear wave to 57.40. Any corrective congestion capped under 61.30 should bear flag a setup for selloffs. A close over 62.52 is needed to reject the downturn.