Resistance being tested in nearly every sector. 

Unless you are utilities, you have some resistance sitting just above your current price. Though overall, the market needs to break through it all at every level if it has any desire to keep this market rally going. The good thing is, that once it breaks, it should clear the path for a test of the all-time highs.  

That is really an amazing feat in and of itself to be honest.  However, I think that if we see a rejection at resistance similar to last week, we may see a much bigger correction, and one that takes price well below the 200-day moving average.