Ticker 1

Ticker 2

Click "Like" to Receive First Hand Updates From The Analysis Site / Click "SHARE" to share

Wednesday, 13 November 2013

Funds Flow Analysis (FFA): 13 November 2013, Wednesday, 5.00pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
13 November 2013, Wednesday, 5.00pm Singapore Time


The Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
13 November 2013, Wednesday


Broad Markets / Big Markets / Big Wind Directions

European markets are in the first 1 hour 00 minutes of trading, while US markets (Dow, S&P500 and NASDAQ) are 5 hours 30 minutes away from the opening bell. 

Based on current latest computational results, Holdings Index Strength of Big Hands changed from -7.982 to -10.000 (MAXIMUM SHORTING POWER) in strength on the Donovan Norfolk Funds Flow Index OscillatorOn the other front, Big Hands' Puts Holdings on hand changed from -6.040 to -6.753 in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

Broad/Big Market (Big Wind Direction) Short-Term / Mid-Term Posture by Big Hands:

+ The sell-off came as per warned during the past 6 warnings and this is Warning Number 7.
+ This continued short term sell-down came per warned before it took place on top of good news: ECB cutting of rates.
+ This is because Big Hands were already switching fiercely to short the markets as per warned before any ECB cutting of rates: good news or bad news will just trigger a sell off; we do not need to even care about the news: the highest level of skills in trading and investing.
+ Big Hands are yet another consecutive round of large Shorts pile-up today.
+ Big Hands maintained majority of their PUTS holdings which are deeply in the money with HUGE profits.
+ The smart monies are adding even more PUTS for today.
+ Big Hands' Short-Term Holdings are now shorts with MAXIMUM Strength.
+ Big Hands' PUTS Holdings are now Shorts with SIGNIFICANT strength too.
+ The Market-Movers, Smart Money and Big Hands are now SHOW HAND in their SHORTS.
+ A CLIMATIC/CLIMAX Sell-down is in place now.
+ Climax in sell-down means markets selling off to cause panic and great fear.
+ Expect another further wave of fearful sell down for the short term in worldwide international markets.
+ Fear has not set in yet and fear has to be struck into the hearts of majority of market participants with more wave after wave of short term sell down.
+ Some protections and cautions are warranted if one is late longs in Stocks, Equities, Indices, Commodities, Forex: EURUSD, GBPUSD, AUDUSD, NZDUSD, CANADIAN DOLLAR CAD, SWISS FRANC CHF AND JAPANESE YEN JPY, Gold, Silver, Crude Palm Oil and Crude Oil. 

Posture:
+ Big Hands' persistence in Puts (refer to chart above) coupled with switch to shorts last week are signs of intentions: Short-Term Correction still brewing VERY strong.
+ Big Hands Shorts and Puts are getting not only STRONG but STICKY and PERSISTENT.
+ Market-Movers are still looking to execute short term sell-down on indices, index stocks, big cap stocks and mid cap stocks worldwide as per reiterated last week (Note: penny stocks and small caps do not need to respond to index/big market corrections).
Short-term Corrections are expected to be executed with more impulse; however, do bear in mind that mid-term worldwide market outlook is still upwave-biased despite this anticipated short term sell-down with potential force.

Side-Note:
Wisdom from Donovan Norfolk Ang THE PAST FEW DAYS: 

"Markets will ignore anything good, be it on the news side, fundamental side or technical side, as long as Big Hands are Shorts with Puts."
(ECB cutting of rates ---> Bullish ---> Markets to Sell-down on Bullishness)

+ The following are the short term sell-down correction targets as per reiterated since last week:

(you might like to refer to the accompanying detailed analysis links attached too):

1. Malaysian FKLI: 
1,790 points and a whipsaw just below 1790 points as first target. ---> TARGET HIT ON 12 NOV 2013
and 
breakdown of 1780 points as second target  ---> TARGET HIT ON TODAY 13 NOV 2013

3. UK FTSE100: 
6500-6550 points.

4. US NASDAQ Composite: 
3700 points.

7. EURUSD: 
1.34000 ---> TARGET HIT ON 7 NOV 2013 
8. GBPUSD: 
1.59000 as first target ---> TARGET HIT TWICE IN NOV 2013
and 
1.57000-1.57500 as second target

9. NZDUSD: 
0.81000

10. AUD, NZD, EUR, GBP, JPY, CAD, CHF will generally be weak until the corrections end. 

+ FFA Litmus Test Results:
Short-term corrections are expected to be executed with more force now in International financial markets worldwide: Stocks, Equities, Indices, Commodities, Forex: EURUSD, GBPUSD, AUDUSD, NZDUSD, CANADIAN DOLLAR CAD, SWISS FRANC CHF AND JAPANESE YEN JPY, Gold, Silver, Crude Palm Oil and Crude Oil. These are, however, still within a mid-term relief rally bounce and any short term corrections are to be judged as healthy retracements within the larger mid-term upwaves.

+ Below are the much larger mid-term upwave targets that still hold:

+ Financial Markets, Commodities Markets, Oil, Gold, Silver and Forex markets (EURUSD, GBPUSD, Swiss Franc, Japanese Yen, Canadian Dollar, AUDUSD, NZDUSD) are still expected to have some more upside against the US Dollar, and this upside is expected to be healthy until I turn big reversal.

+ Expectations are still unchanged: FCPO 3000RM as target, Gold $1500-$1550 as first target and $1750-$1800 as second target, Silver $30.000 as target, Golden Agri (Palm Oil Stock) S$0.60 as 1st target and S$0.74 as 2nd target, AUDUSD $0.96 as first target and $1.00 parity as 2nd target, USDJPY ¥83.54-¥84.00 as final target, India CNX Nifty Index 6188-6320 as up-move target and break-out of 6320 points for uncharted rally as second target, and Oil $118.00-$120.00 as tentative target, FKLI 1900 points as target, or until I turn big reversal.

+ Special Note: 
Each of the respective asset class markets (Gold, Silver, Crude Oil, Palm Oil, Commodities, Forex, Stocks and Worldwide Stock Market Indices) have moved in my directions since.

+ So far, only Indian Nifty Index, AUDUSD has hit initial targets as above listed. 
+ More upsides in worldwide financial markets (Stocks, Equities, Indices, Commodities, Forex: EURUSD, GBPUSD, AUDUSD, NZDUSD, CANADIAN DOLLAR CAD, SWISS FRANC CHF AND JAPANESE YEN JPY, Gold, Silver, Crude Palm Oil and Crude Oil)  are still expected after this short term correction selldown (refer past analyses).
+ Japan's QE effects are wearing out, Nikkei-225 may become the weakest link of international financial markets when the rising tide ends.

Broad/Big Market (Big Wind Direction) Long Term Outlook by Big Hands:

The depth of this anticipated short term sell-down will reveal clearer skies and whether previous long term outlook still hold.

-----------------------------------------------------------------------------------------------------------------
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 blown by Big Hands.



1 comment: