Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
16 December 2013, Monday, 2.40pm Singapore Time
The Donovan Norfolk Ang Funds Flow Analysis Indicator
for Worldwide Financial Markets
16 December 2013, Monday
16 December 2013, Monday
Broad Markets / Big Markets / Big Wind Directions
European markets are 1 hour 20 minutes away from opening for trading, while US markets (Dow, S&P500 and NASDAQ) are 7 hours 50 minutes away from the opening bell.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from -10.000 to -10.000 (MAXIMUM) in strength on the Donovan Norfolk Funds Flow Index Oscillator. On the other front, Big Hands' Puts Holdings on hand changed from -5.148 to -5.840 in strength on the Donovan Norfolk Funds Flow Index Oscillator.
Broad/Big Market (Big Wind Direction) Short-Term / Mid-Term Posture by Big Hands:
+ As per reiterated since November, Smart Money and Big Hands' Sell-Shorts worldwide were accumulated since the whole of November of 2013.
+ Big Hands in international financial markets worldwide had set up price actions during November for mid-term unloading/selling/shorting operations per highlighted in November.
+ Per warned, markets had entered into a selling stage (correctional mark-down stage).
+ Big Hands and Smart Money still maintaining MAX shorts.
+ Big Hands' Puts Holdings are Speculative Puts and not Protective Puts.
+ Smart Money and Big Hands' Puts are, for yet another day, further increased today; this is under the backdrop of persistent shorts.
+ Time frame of correctional intention had been changed from short-term to mid-term as per highlighted since 6 weeks ago.
+ Corrections worldwide have not ended yet.
+ Note that as more and more correction targets have hit, the bullish reversal will be near.
+Short-mid term selling climax is still to be expected. Note that if the attempted -10.000 maximum shorts cannot bring about a sell-down climax, the long term outlook for world financial markets will reverse into a long term bull market.
+ Financial Markets worldwide are officially entering into critical stage from November 2013 to early 2014 (Tally with all your index charts, they are all at critical multi-year resistances).
+ Some protections and cautions are still 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.
Refer to some Technicals charted in the first week of December:
+ The following are the short-mid term sell-off correction targets as per analysed since 7 weeks ago with some new updates:
(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. ---> FIRST TARGET HIT ON 12 NOV 2013
and
breakdown of 1780 points as second target ---> SECOND TARGET HIT ON 13 NOV 2013
and
1776 points as third target
and
breakdown of 1776 points as forth target
2. Hong Kong Hang Seng Index:
22,770 points as first target ---> FIRST TARGET HIT ON 8 NOV 2013
and
22,000 points as second target
and
21604.4 points as third target
3. India NIFTY Index:
6001 points as first target ---> FIRST TARGET HIT ON 21 NOV 2013
and
5750 points as second target
4. UK FTSE100:
6500-6550 points ---> TARGET HIT ON 3 DEC 2013
5. Germany DAX:
8700-8750 points.
6. Spain IBEX:
To go as low as until all other indices stop bleeding
8. US NASDAQ Composite:
3700 points
9. EURO STOXX 50:
2930-2950 points ---> TARGET HIT ON 12 DEC 2013
10. Dow Jones Industrial Index (DJIA):
14750 points as first target
and
breakdown of 14750 points as second target
11. EURUSD:
1.34000 ---> TARGET HIT ON 7 NOV 2013
12. GBPUSD:
1.59000 as first target ---> FIRST TARGET HIT TWICE IN NOV 2013
and
1.57000-1.57500 as second target
13. NZDUSD:
0.81000 ---> TARGET HIT ON 29 NOV 2013
14. AUD, NZD, EUR, GBP, JPY, CAD, CHF will generally be weak until the corrections end.
15. Euronext Brussels Bel20 Index:
2740-2780 points as first target ---> FIRST TARGET HIT ON 6 DEC 2013
and
2600-2632 points as second target
Broad/Big Market (Big Wind Direction) Long Term Outlook by Big Hands:
The depth of this anticipated short-mid term sell off will reveal clearer skies and whether previous long term outlook still hold.
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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.
Wave IV sell down ?? S&P >> 1620 / 1540
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