Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
15 January 2014, Wednesday, 3.10pm Singapore Time
Donovan Norfolk Ang Funds Flow Analysis Indicator
for Worldwide Financial Markets
15 January 2014, Wednesday
15 January 2014, Wednesday
Broad Markets / Big Markets / Big Wind Directions
European markets are 50 minutes away from opening for trading, while US markets (Dow, S&P500 and NASDAQ) are 7 hours 20 minutes away from opening for trading.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from -7.934 to -5.367 in strength on the Donovan Norfolk Funds Flow Index Oscillator. On the other front, Big Hands' Puts Holdings on hand changed from -6.461 to -1.319 in strength on the Donovan Norfolk Funds Flow Index Oscillator.
Broad/Big Market (Big Wind Direction) Short-Term / Mid-Term Posture by Big Hands:
+ tenth trading day of 2014:
+ Big Hands took profits of stocks shorts across the board.
+ Big Hands reduced amount of puts on hand.
+ Big Hands are dual longs today.
+ The market movers are still net shorts and bearish puts in holding.
+ The market movers are still net shorts and bearish puts in holding.
+ The market movers have persistent Shorts Holdings and Bearish Puts Holdings since November and December of 2013.
+ The Puts are speculative and classified as non-protective.
+ Immediate term rebounds expected now.
+ However, short-mid term still bearish biased.
+ Immediate term rebounds expected now.
+ However, short-mid term still bearish biased.
+ Judgement taken in consideration of technical analysis and funds flow analysis: in the mid term, worldwide markets are still bearish biased and this selling is still not 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.
+ 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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ReplyDeletemarket should bounce further in case banker want to collect short/put again?
ReplyDelete