Transcendence as a passive is pretty weak in general. Exception being for INVIS and his 500k dps nirvana monk with no LS.
If you want more dps for free, switch out transcendence for combo strike and BoH for WofHF:BF. That's another 18k more dps over what you'd get with BoH (using those buffs only - even more with overawe and bf factored in)
It looks like your OWE resists are all over the place. Consolidate those into ONE resist type. I'd probably pick poison since that helm is solid.
No dex or resist to speak of on your Witching Hour so I'd grab one of those with 80+ dex and 45+ poison resist (if that's the OWE resist you end up going with)
Inna's pants I'd switch to a dex/vit pair. Be sure to get 9 IAS. Price goes up by an insane amount past about 120 dex / 80 vit so I'd look around those values and see what you can get for cheap.
Rare ring: Was that from your barb or wizard? You want DEX not STR or INT! Also, avg dmg is about the second biggest dps contributor you can get. Search for 40+ avg dmg, 70+ dex, 4.5+ cc then either 30+ cd or 8+ ias - either works.
Litany: I'd replace it with a rare similar to what I mentioned above, but maybe see if you can get some poison resist on it to make up for the lost AR from the Litany.
Weapons: You really want sockets on both, or at the very least LS plus a solid CD roll. Spears are slow. Slow attacks mean less spirit generated, less cyclones spawned, less life steal...you get the idea. You can get swords/fists with cd/ls and socket with around 1k dps for around 30m if you shop around. Skip dex as that jacks the price up.
WKL you can get LS/socket ones with around 750 dps for under 20m last time I checked. Get as much +lightning skills dmg as you can find.
Anyway, here's my monk when running WKL if you're interested:
http://d3up.com/b/1033465/shyla-fot-sw-spec