You added a Line that was invalidated by a higher high. That is why I don't have it on the chart anymore, though I do show the corresponding Pivot (horizontal line) for reference. A Bar is an Indicator. A Line is an Indicator. Fibs (50% or whatever) are Indicators. Moving Averages are Indicators. I use all of these as visual aids. The real question is what are you trying to see? Once you understand that you can use whatever Indicators float your boat. In my case I organize Structure using the same set of Bar Intervals and Channels across all Instruments. Then I draw Lines and if I am in the mood I will look at the Fibs. These are just various ways of forcing your brain to see the Pivots and acknowledge the Direction and Momentum of the Price Configuration. But these are just Effects. I trade best when I understand the Causes.
Your the OP so if you feel that strongly about charts with parameter based indicators then I will refrain in the future. I was referencing the Daily chart and above so again if you prefer to focus on the Hourly or something similar then I'll refrain on that too in the future. But keep in mind that the 1625 area is a Demand Line on the Weekly chart and Price is moving in that Direction with Momentum in the Daily. Unless and until SPX 1675 is breached in the Hourly that Momentum must be respected when considering Scenarios in the Hourly. Actually as I write this the 60m Demand Line is in play...
And here's the Cause for this test of ES 1658, from RanSquawk: "Very sketchy chatter from Twitter that Russia has said that Syria is headed for a Western military strike following Kerry's statement - Unconfirmed Geopolitical Source: Twitter / 911buff Mon, 14:14 26-08-2013"
The only pertinent demand line on the daily is the one which can be drawn from last Wednesday's low, and that is in the process of being broken. 1625 is not a "demand line" on the weekly chart unless you have some personal definition of a demand line that is inconsistent with demand lines as defined in this thread. As for momentum, the line of least resistance is up until 1640 is broken. If one is trading the hourly, of course, shorting the return trip may be worthwhile, particularly if he shorted the double top at 1667. If he didn't, then that of course is the point of addressing this in advance rather than after the fact.
So now you have a bunch of trapped traders that never thought anything below 1658 (SPX 1660) was in play and they are praying that someone will let them out before ES 1648 (SPX 1650) because if that fails they will be in world of hurt.
The test you were looking for on your chart took place at 1030 (using your chart's times). It isn't necessary to test it again. Don't concern yourself with where buyers have their stops or what sellers plans are. Just focus on price.