A quick review of credit spreads and investor sentiment readings shows that we may be at or near a short-term low on the S&P 500. In the 2010 market correction, the LIBOR-OIS and TED Spread began moving up BEFORE the market sell-off. When spreads rolled over the bottoming process began: After the 2011 mini bear market, stocks were finally able to complete a long drawn out bottoming process…