Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
23 December 2013, Monday, 9.15pm Singapore Time
The Donovan Norfolk Ang Funds Flow Analysis Indicator
for Worldwide Financial Markets
23 December 2013, Monday
23 December 2013, Monday
Broad Markets / Big Markets / Big Wind Directions
European markets are in the first 5 hours 15 minutes of trading, while US markets (Dow, S&P500 and NASDAQ) are 1 hours 15 minutes away from the opening bell.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from -8.023 to -8.514 in strength on the Donovan Norfolk Funds Flow Index Oscillator. On the other front, Big Hands' Puts Holdings on hand changed from -3.680 to -3.604 in strength on the Donovan Norfolk Funds Flow Index Oscillator.
Broad/Big Market (Big Wind Direction) Short-Term / Mid-Term Posture by Big Hands:
+ Big Hands increased shorts despite executing a rebound today worldwide (HIGH BEARISHNESS).
+ Markets' rebounds worldwide are merely technical dead-cat rebounds now.
+ Real intention is further sell downs in equities markets.
+ Big Hands are still shorts in holdings.
+ Big Hands are still Bearish Puts in Holdings.
+ Posture for mid term still bearish-biased for stocks and equities worldwide.
+ Time frame of correctional wave had been changed from short-term to mid-term as per highlighted since 7 weeks ago.
+ Any Christmas rebounds in world markets are golden chances to short/sell into the technical rebounds worldwide.
+ Hot Money has high possibility to rotate from EQUITIES into METALS (Gold, Silver, Copper, Platinum etc) during this financial markets' assets-rotational play worldwide .
+ Stocks & Equities will continue to undergo selling pressure and any immediate term rebound is a golden opportunity sell
+ Note that as the world undergoes correction (Asia first followed by Europe), US markets may be the last to go into correction, with DJIA now having 16600 points as an escape-wave target to trigger correction for the US Markets (US markets and Malaysia markets to correct last as these are the strongest in the world).
+ Corrections worldwide have not ended yet.
+ Corrections worldwide have not ended yet.
+ Timeframe of current worldwide sell-off: To last until January/February 2014.
+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.
Refer to some Technicals charted in the first week of December:
and some Technicals charted in the third 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
16. Singapore Straits Times Index (STI):
2600 points as 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.
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