Another Month Long Correction Has Started?

Look at the AUDUSD, i.e. risk aversion currency. The stochastics has reached a dead cross again. Usually, when this happens stock markets worldwide undergo a correction of at least a month or even two.

Look at the MSCI World Index. It broken below the wedge. If you ask me how deep this correction is, I'd say it'll probably be only 10 - 20%, no more than that. The Non-Investment Grade Index is still sideways, LIBOR-OIS is falling.

Good thing that I got most of you out didn't I? Now you should try the Amundi World Volatility Fund or short stocks.