International mkts are an imp piece of the mkt puzzle. Before any major fall one of these mkts will be off the track. That's an early clue to leave the ship.
This is the small cap index of US and I had posted that this Index is all set to make new highs. A strong candle this month is a confirmation of my reading. The strong uptrend has just resumed. So if ur worried about all time highs and valuations etc these charts are still not raising any red flags so sit back and relax and enjoy the new highs and utilize the dips tp buy.