Funds Flow Analysis (FFA): 27 December 2013, Friday, 10.29pm Singapore Time

Current Latest Computed Funds Flow Analysis (FFA):

For Worldwide Financial Markets:

27 December 2013, Friday, 10.29pm Singapore Time

The Donovan Norfolk Ang Funds Flow Analysis Indicator 

for Worldwide Financial Markets 
27 December 2013, Friday

Broad Markets / Big Markets / Big Wind Directions

European markets are in the first 6 hours 29 minutes of trading, while US markets (Dow, S&P500 and NASDAQ) are 1 minute away from opening for trading. 

Based on current latest computational results, Holdings Index Strength of Big Hands changed from -8.514 to -7.136 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 -3.365 in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

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

+ World markets will be looking to Dow Jones Industrial Average for cues now: DJIA 16600 points will trigger the next wave of correction.

+ Mid Term Corrections worldwide expected to resume after current low volume windows dressing worldwide. 

+ Timeframe of worldwide selling: 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).

Refer to some Technicals charted in the first week of December:

http://donovan-ang.blogspot.sg/2013/12/europe-stoxx-50-index-2-december-2013.html

http://donovan-ang.blogspot.sg/2013/12/hong-kong-hang-seng-index-2-december.html

http://donovan-ang.blogspot.sg/2013/12/australia-asx-all-ord-index-2-december.html

and some Technicals charted in the third week of December:

http://donovan-ang.blogspot.sg/2013/12/straits-times-index-17-december-2013.html

+ 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

(refer: http://donovan-ang.blogspot.sg/2013/10/fkli-index-25-october-2013-1215pm.html)

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

(refer: http://donovan-ang.blogspot.sg/2013/12/hong-kong-hang-seng-index-2-december.html)

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

(refer: http://donovan-ang.blogspot.sg/search/label/India%20Nifty%20Index)

4. UK FTSE100: 

6500-6550 points ---> TARGET HIT ON 3 DEC 2013

5. Germany DAX: 

8700-8750 points. 

(refer: http://donovan-ang.blogspot.sg/2013/10/dax-index-25-may-2013-friday-548pm.html)

6. Spain IBEX:

To go as low as until all other indices stop bleeding

(refer: http://donovan-ang.blogspot.sg/2013/11/spain-ibex-index-19-november-2013.html ) 

8. US NASDAQ Composite: 

3700 points

9. EURO STOXX 50:

2930-2950 points ---> TARGET HIT ON 12 DEC 2013

(refer: http://donovan-ang.blogspot.sg/2013/11/euro-stoxx-50-index-11-november-2013.html)

10. Dow Jones Industrial Index (DJIA):

14750 points as first target

and 

breakdown of 14750 points as second target

(refer: http://donovan-ang.blogspot.sg/2013/11/dow-jones-industrial-average-19.html)

11. EURUSD: 

1.34000 ---> TARGET HIT ON 7 NOV 2013 

(refer: http://donovan-ang.blogspot.sg/2013/11/eurusd-3-november-2013-sunday-400pm.html)

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

(refer: http://donovan-ang.blogspot.sg/2013/11/euronext-brussels-bel-20-index-24.html)

16. Singapore Straits Times Index (STI):

2600 points as target

(refer: http://donovan-ang.blogspot.sg/2013/12/straits-times-index-17-december-2013.html)

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.

Donovan Norfolk Ang