I've run my indicators on monthly settings over most equity markets and it is most unsettling.
There's plenty of talk about a "big" correction coming, seems there always is, but what I'm seeing is scary, vary scary....and lucrative. Some markets are looking at quite savage 're-adjustment' while others shouldn't fare so badly.
Not that this correction is tomorrow as I believe there is some time left. I'm long the $xjo this month but then that's it, I'll be searching for setups