Summary--Market Tops have played havoc with many mechanical systems. I don't think this market top is "Over" I think it has a few Bronto Head Swings in it's death throes (DTOB pattern - Death Throe O' Bronto).
Euro is really due for a bounce, technically, although Greece and fellow poster children are one of the Black Swans currently in drone mode over the entire world.
I am betting on a near term bounce in US Equities, EEM should follow, and then EEM should "outperform on the way down"
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Insightful and Useful Comment!