Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
13 January 2014, Monday, 5.30pm Singapore Time
Donovan Norfolk Ang Funds Flow Analysis Indicator
for Worldwide Financial Markets
13 January 2014, Monday
13 January 2014, Monday
Broad Markets / Big Markets / Big Wind Directions
European markets are in the first 1 hour 30 minutes of trading, while US markets (Dow, S&P500 and NASDAQ) are 5 hours 00 minutes away from opening for trading.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from -8.564 to -7.036 in strength on the Donovan Norfolk Funds Flow Index Oscillator. On the other front, Big Hands' Puts Holdings on hand changed from -5.438 to -5.720 in strength on the Donovan Norfolk Funds Flow Index Oscillator.
Broad/Big Market (Big Wind Direction) Short-Term / Mid-Term Posture by Big Hands:
+ Eighth trading day of 2014:
+ Japanese Nikkei futures index plunged more than -330 points today and Nikkei is expected to open gap down when it re-opens.
+ All other Asian markets executed a shorts consolidation for today but with bearish bias.
+ European markets are also doing a consolidation for today but with a bearish bias.
+ Big Hands worldwide are doing consolidation of their shorts.
+ However, the market movers have increased some puts for today.
+ The market movers still have persistent Shorts Holdings and Bearish Puts Holdings since November and December of 2013.
+ The Puts are speculative and classified as non-protective.
+ Bear in mind that November and December of 2013 were used by Smart Money to set up price actions for shorting the financial markets worldwide, while luring the herd to buy: were you one such sheep inside the slaughtering herd?
+ As forewarned before it happened too, world markets had used the Dow Jones Industrial Average DJIA for Algo-HFT trigger of sell-downs, i.e. DJIA 16600 points for triggering a world sell-off.
+ This Algo / HFT trigger has been realised with precision 2 weeks ago and the selling is on-going.
+ Worldwide markets are still bearish biased and this sell-down is still far from over.
+ Stocks and equities worldwide are still expected to sell off broadly, unless the particular stock has such strong fundamentals to withstand the broad selling.
+ Stocks and equities worldwide are still expected to sell off broadly, unless the particular stock has such strong fundamentals to withstand the broad selling.
+ Hot Money and Smart Money had, also per warned in December, rotated away from Equities, Stocks and Bonds into the Metals Market (Gold, Silver, Copper, etc).
+ Timeframe of worldwide selling: Tentatively projected to last until February/March 2014.
+ Note that there was also unusual unloading volumes in SPDR Morgan Stanley Technology Index ETF (read for implications on NASDAQ and World Markets) as warned on 29 Dec 2013:
Refer to some Technicals charted in the first week of December of 2013:
and some Technicals charted in the third week of December of 2013:
and some Technicals charted in the second week of January of 2014:
+ The following are the mid term sell-off correction targets as per analysed since 9 weeks ago with some new updates:
(you might like to refer to the accompanying detailed analysis links attached too):
1a. 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
1b. Malaysian KLCI:
Breakdown of 1728-1750 points band as 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
(refer:
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.
Donovan Norfolk Ang
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Thank you , Donovan for the great calls in HSI, Nikkei. Profited .
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