I must admit that I am not as pessimistic as you.
I have though, changed from doing technical and fundamental analysis on Aussie stocks alone to doing some work on the US market, seeing as we seem to be tied to them.
Try this for some analysis, and remember, it was published on Mon in Aust
http://www.thebull.com.au/articles/a/20151-us-market-slowdown-ahead-as-the-northern-summer-approaches.html
HT1
