Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
30 December 2013, Monday, 7.45pm Singapore Time
The Donovan Norfolk Ang Funds Flow Analysis Indicator
for Worldwide Financial Markets
30 December 2013, Monday
30 December 2013, Monday
Broad Markets / Big Markets / Big Wind Directions
European markets are in the first 3 hours 45 minutes of trading, while US markets (Dow, S&P500 and NASDAQ) are 2 hours 45 minutes away from opening for trading.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from -7.136 to -7.323 in strength on the Donovan Norfolk Funds Flow Index Oscillator. On the other front, Big Hands' Puts Holdings on hand changed from -3.365 to -3.553 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 are dual shorts today despite market technical rebounds on thin volume, ie setting up rebound to short today: Bearish.
+ Big Hands are persistently shorts: be highly cautious.
+ Big Hands increased Shorts today.
+ Big Hands increased Puts today.
+ Puts remain as speculative and non-protective.
+ World markets will be looking to Dow Jones Industrial Average for cues: DJIA around 16600 points will trigger the next wave of correction.
+ Worldwide markets are still bearish biased.
+ Mid Term Corrections worldwide expected to resume in January 2014.
+ Longists should be cautious.
+ Shortists should short on any technical rebound which are essentially for selling at good prices.
+ Hot Money and Smart Money may rotate away from Equities Market into the Metals Market.
+ Timeframe of worldwide selling: To last until February 2014.
+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:
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.
hi Don, How's Golden Agri? thanks.
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