Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
27 August 2013, Tuesday, 3.50pm Singapore Time
Computed FFA For Worldwide Financial Markets
Broad Markets / Big Markets / Big Wind Directions
European markets are in the first hour of trading, while US markets (Dow, S&P500 and NASDAQ) are 5 hours 40 minutes away from opening.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from -5.943 to -5.247 in strength on the Donovan Norfolk Funds Flow Index Oscillator. Big Hands' Puts Holdings changed from -5.970 to -6.177 in strength on the Donovan Norfolk Funds Flow Index Oscillator.
Broad/Big Market (Big Wind Direction) Immediate-Term/Short-Term Posture by Big Hands:
+ Slight profit taking in Shorts by Big Hands today.
+ Increase in Puts by Big Hands today.
+ Overall Posture: Push down for profit takings of short-mid term Shorts
+ Big Hands had flipped from holdings in Longs to holdings in Shorts since 25 days ago.
+ Big Hands' Holdings: Still non-insignificant amount of Shorts, with Shorting-bias in STRENGTH and with Bearish Puts Holdings.
+ More sell-downs still expected to take over in the short-mid term.
+ Longs should be cautious, with rebounds as shorting opportunities.
+ The short term and mid term rebounds of international financial markets had come to an end per anticipated since last week.
+ IMPULSIVE SELL-DOWNS still underway for mid term.
+ Cautions are to be taken.
+ Many international markets will resume testing bear market boundaries soon.
+ Increase in Puts by Big Hands today.
+ Overall Posture: Push down for profit takings of short-mid term Shorts
+ Big Hands had flipped from holdings in Longs to holdings in Shorts since 25 days ago.
+ Big Hands' Holdings: Still non-insignificant amount of Shorts, with Shorting-bias in STRENGTH and with Bearish Puts Holdings.
+ More sell-downs still expected to take over in the short-mid term.
+ Longs should be cautious, with rebounds as shorting opportunities.
+ The short term and mid term rebounds of international financial markets had come to an end per anticipated since last week.
+ IMPULSIVE SELL-DOWNS still underway for mid term.
+ Cautions are to be taken.
+ Many international markets will resume testing bear market boundaries soon.
Broad/Big Market (Big Wind Direction) Mid-Long Term Outlook by Big Hands:
+ Many international markets will be testing bear-bull boundaries after the short term rebounds worldwide.
+ Weak markets (e.g. Philippines, India, Korea etc) are already entering into Bear Market Zones at high points.
+ Strong markets (e.g. US, Singapore, Germany, etc) had held on to critical supports temporarily and will attempt to bounce off these critical supports; these critical supports will get tested repeatedly (their critical supports are being tested currently).
+ US markets (DJIA, S&P500 and NASDAQ) will go on to make all time new highs while all other markets are in precarious modes.
+ Rebounds of emerging economies will merely be dead cat bounces.
In essence, there will be 3 groups of BIG MARKET MOVEMENTS from now:
1st Group (Weak Markets):
Weak markets such as Korea, Philippines, Indonesia, Spain etc.
These markets already broke down critical supports which denote initial bear market stage; these will do dead cat bouncing back-tests (falling knife dead cat rebounds).
Sell on rebounds.
2nd group (Mid-strength Markets):
Singapore, Hong Kong, UK, France, etc
These markets will rebound off critical supports now (STI 2925-3065 pts, HSI 19000-19500 pts, FTSE-UK 5900-6000 pts as analysed previously), with no breakdowns yet. Refer to all past technical analyses.
Ride, observe and be cautiously ready to sell.
3rd grp (Strong Markets):
US Markets of S&P500, DJIA and NASDAQ, as well as Malaysian KLCI
These markets may hover at all time new highs and throw a big array of confusions to traders, investors and analysts. While US hover around all time new highs, weak markets' rebounds will confirm bear market and mid-strength markets may transit to bear market phase in this rebound.
Ride and observe and be cautious.
+ Weak markets (e.g. Philippines, India, Korea etc) are already entering into Bear Market Zones at high points.
+ Strong markets (e.g. US, Singapore, Germany, etc) had held on to critical supports temporarily and will attempt to bounce off these critical supports; these critical supports will get tested repeatedly (their critical supports are being tested currently).
+ US markets (DJIA, S&P500 and NASDAQ) will go on to make all time new highs while all other markets are in precarious modes.
+ Rebounds of emerging economies will merely be dead cat bounces.
In essence, there will be 3 groups of BIG MARKET MOVEMENTS from now:
1st Group (Weak Markets):
Weak markets such as Korea, Philippines, Indonesia, Spain etc.
These markets already broke down critical supports which denote initial bear market stage; these will do dead cat bouncing back-tests (falling knife dead cat rebounds).
Sell on rebounds.
2nd group (Mid-strength Markets):
Singapore, Hong Kong, UK, France, etc
These markets will rebound off critical supports now (STI 2925-3065 pts, HSI 19000-19500 pts, FTSE-UK 5900-6000 pts as analysed previously), with no breakdowns yet. Refer to all past technical analyses.
Ride, observe and be cautiously ready to sell.
3rd grp (Strong Markets):
US Markets of S&P500, DJIA and NASDAQ, as well as Malaysian KLCI
These markets may hover at all time new highs and throw a big array of confusions to traders, investors and analysts. While US hover around all time new highs, weak markets' rebounds will confirm bear market and mid-strength markets may transit to bear market phase in this rebound.
Ride and observe and be cautious.
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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 blown by Big Hands.
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