The problem is the Bond market, not the Equity market.
We’re so conditioned to watch for Equity market crashes, we kind of ignore the (sleepy) Bond market. But since 2009 all the flows have been into Bond markets around the world – and we’ve driven Government rates to zero (and negative). Well, that can’t last – and we’re going through a major rotation at the moment, from Bonds into Equities.
Some would argue this is being driven by a recognition that rates (in the US and core Europe) are due to normalize (hence rise). Others would argue that the risk of Government bonds is being re-priced, now that Sovereign default is a real possibility (see Greece, Puerto Rico, etc.).
Good luck with your Emini trading.