http://www.tradersnarrative.com/lowry-researchs-richard-dickson-short-term-correction-3815.html#more-3815
* the previous high of 1150 on the S&P 500 represents a critical resistance level
* supply at that level sent prices lower, so returning to that level the question is what kind of supply is left there
* breaking through it turns the page on the rally and suggests that the supply there has been absorbed and we are headed higher
* some short term things are of concern… sentimen