Shooting Star on the $SPX

After watching @cousin_vinny's video on how QE3 may effect the market, I put this chart together for a possible retrace scenario.  Although I agree that the market wants to go higher, it needs to take a breather some place around here.

I used Steve Nison's  "Japanese Candlestick Charting Techniques" to review this chart.  It is a must read.