Overbought and at resistance

The 13 day ema of TRIN has spiked on the recent rally suggesting the intermediate term rally is not over. However, the indicator is overbought. Chart:

Meanwhile, the SPX has reached monthly resistance, from where a correction of 30-40 points  might start.

After a dip that might resemble the ones in the summer-autumn of 2009, I think the market will start rising towards 1450.