Looking at a couple of indicators, I suspect that stock markets are correcting again. The paradox of using technical analysis is this: if you want indicators to tell you the turning points while near the top of the charts, then be prepared for a lot of false alarm. But if you want to be very sure, you need to wait for confirmation first and by the time it happens, stocks could have fallen by over 10% by then.
28 Jan 2012 is the date when AUDUSD made a dead cross on the weekly chart. We had about 1.5 weeks to make all the necessary rebalancing. Right now I'm almost all out of equities.
