Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
11 June 2013, Tuesday, 2.55 pm Singapore Time
Broad Markets / Big Markets / Big Wind Directions
European markets are 5 minutes away from opening for trading while US markets (Dow, S&P500 and NASDAQ) are 6 hours 35 minutes away from opening.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from -2.771 to -2.771 in strength (no change) on the Donovan Norfolk Funds Flow Index Oscillator. Big Hands' Puts Holdings changed from -7.090 to -7.509 in strength on the Donovan Norfolk Funds Flow Index Oscillator.
Broad/Big Market (Big Wind Direction) Immediate-Term/Short-Term Posture by Big Hands:
+ Consolidation of Shorts.
+ Persistent shorting intention.
+ No signs of profiting Puts
+ Big Hands are still looking to slam down international markets suddenly.
+ Creation of noise in the markets by Big Hands continued today to lure short term weak-handed retailers to buy.
+ Worldwide Markets are still in correction mode.
+ Bearish bias short term.
+ Nasty sell down expected within 6 hours from now.
+ US markets expected to open bearishly RED and close even more RED.
+ Persistent shorting intention.
+ No signs of profiting Puts
+ Big Hands are still looking to slam down international markets suddenly.
+ Creation of noise in the markets by Big Hands continued today to lure short term weak-handed retailers to buy.
+ Worldwide Markets are still in correction mode.
+ Bearish bias short term.
+ Nasty sell down expected within 6 hours from now.
+ US markets expected to open bearishly RED and close even more RED.
Broad/Big Market (Big Wind Direction) Mid-Long 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
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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.
Ill follow you cus you have some depth. Keep on!
ReplyDeleteSecondly, would be fine to see your view on currencies. G7:eur,usd,gbp,jpy,chf,aud,cad. Im trading this 21 pairs and doing some of my own calculations wanting to see what big hand is doing. Any suggestion in this direction mate?
thanks JK