Just a note on sectors.

My model is showing strong accumulation in EWA (the Australia index), and strong distribution in XRT (consumer discretionary).

Strangely, every country but Canada has better accumulation than SPY and the dollar has distribution.

Basically, it seems that the world is betting on the real value of the S&P to fall compared to that of other countries, with Australia being the best bet.

I won't be making this play, but if I did, I'd likely go long EWA.