http://www.tradersnarrative.com/lowry-research-distribution-correction-ahead-3474.html
* market internals have deteriorated during this slow grind higher
* slow grind will devolve into a correction
* weakness in the Utility & Industrial sectors
* most relative strength in the Energy sector
* slightly higher upside volume but no concomitant gains
* this evidence of churning often leads to distribution
* breadth momentum: % of stocks trading above their 10 day moving
average
* although AD lines