This is in consistent of the Funds Flow Analysis of Worldwide Markets as below:
In March 2014-June 2014 markets worldwide proceeded to make a final top for unloading, shorting and selling purposes. This also marked the bear market transition at the top which I warned end of 2013 and early 2014.
In July-August 2014, smart money transited to maximum shorts strength with significant bearish puts. Attack-down posture was already set up in July-August 2014.
Refer to calculated and plotted Funds Flow Chart above.
Sharp plunges everywhere is still in progress now.