Current Latest Computed Funds Flow Analysis (FFA)
For Worldwide Financial Markets:
28 February 2013, Thursday, 6.10 pm Singapore Time
For Worldwide Financial Markets:
28 February 2013, Thursday, 6.10 pm Singapore Time
Broad Markets / Big Markets / Big Wind Directions
European markets are into the 2 hours 10 minutes of trading, while US markets (DJIA, SPX, NASDAQ) are 4 hours 20 minutes away from the Thursday opening bell.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from +3.989 to +3.127 in strength on the Donovan Funds Flow Index Oscillator. Big Hands puts changed from -0.865 to -0.867 in strength on the Donovan Funds Flow Index Oscillator.
Broad/Big Market (Big Wind Direction) Immediate-Term/Short-Term Posture by Big Hands:
+ Big Hands took profits of their immediate term longs today.
+ Continuation of whipsawing to be expected on both immediate-term and short-term longist and shortist traders.
+ Volatility in both directions on last day of February.
+ Bullish bias in short/immediate term outlook is more dominant currently (Big Hands have strong holding power though).
+ Slight Puts protection are still held in place, hence they are still slightly cautious despite the short/immediate term outlook.
Broad/Big Market (Big Wind Direction) Mid-Term Outlook by Big Hands:
+ There are beliefs out there that 2013 will be a bear market or economic collapse of some major Western economies such as US (DJIA. S&P500 and NASDAQ); in my analyses, generally 2013 will, on the contrary, be a strong bull due to my FFA and TA.
+ We are currently not in any bear market.
+ Mid-long-term remains a buy on dip for investment purposes in 2013 as markets in Europe and Asia have negated bear market technical structures as mentioned last year 2012.
+ Long term funds are still buying/investing.
+ Short term and immediate term shorts/sells/profit-takings by traders represent entry/re-entry opportunities for longer term investors (i.e. buy on retracement dips).
+ Short term shake-outs on weak holders, or retailers with high leverage and no holding power, represent golden chance to buy on dips cheaply.
+ As highlighted previously, by 2Q/3Q 2013, many markets (except PIIGS) will make new bull market highs since 2009 financial crisis..
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Donovan Big Hands Funds Flow Computational Oscillator-----------------------------------------------------------------------------------------------------------------
Donovan's Funds Flow Analysis Index Oscillator:
-10 ----- 0 ------+10
Donovan's Funds Flow Analysis Strength-Index Scale Key:
negative (-ve) = shorting;
positive (+ve) = longing;
0: No shorts and no longs (direction-less)
1-2: Weak strength / weak holdings
3-4: Moderate strength / moderate holdings
5-6: Strong strength / high holdings
7-8:Very strong strength / very high holdings
9-10:: Rally Mode in store if +ve / Plunging Mode in store if -ve
Implication of Broad Markets/Big Markets/Big Wind Indices Directions
If it is a rising tide in Index Big Wind, most or almost all stock boats generally rise;
If it is a receding tide in Index Big Wind, most or almost all stock boats generally go lower.
Hence the importance of Big Wind Directions walked by Big Hands.