Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
for Worldwide Financial Markets
20 October 2014, Monday
20 October 2014, Monday
Broad Markets / Big Markets / Big Wind Directions
European markets are in the first 00 hours 20 minutes of trading, while US markets (Dow, S&P500 and NASDAQ) are 06 hours 10 minutes away from opening for trading.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from -10.000 (Maximum Shorts Strength) to -8.673 in strength on the Donovan Norfolk Funds Flow Index Oscillator. On the other front, Big Hands' Bearish Puts Holdings on hand changed from -7.747 to -6.803 in strength on the Donovan Norfolk Funds Flow Index Oscillator.
Broad Market (Big Wind Direction) Short-Term / Mid-Term Posture by Big Hands:
+ Big Hands took profits of some shorts, in turn, reducing quite some amount of Shorts holdings.
+ However, Big Hands are still net Shorts in holdings
+ Big Hands took profits of some Bearish Puts too.
+ Big Hands are still net holding Bearish Puts.
+ Overall, Big Hands worldwide are Shorts with some positional strength in Bearish Puts.
+ Per last Friday, Dead Cat bounce/technical rebound to be expected in the immediate term due to oversold intraday conditions.
+ Immediate term technical rebound of 24-72 hours may now have possibility of turning into a short term technical rebound of a few weeks.
+ Short term shakeout operation in progress.
+ Technical rebound is to be viewed as short term technical rebound within a long term downwave.
Worldwide financial markets are executing the following basic technical structures:
+ Long term: Transition to Bear Markets
+ Mid term: Downtrend
+ Short term: Posssible Uptrend
+ Immediate term: Dead Cat Bounce/Technical Rebound/Uptrend Expected Due to Oversold Intraday Conditions
Long Term Major Top for Worldwide Financial Markets Forming in 2014:
+ Worldwide Financial markets are transiting towards bear markets.
+ Worldwide bear market transition confirmations are being made in the first half of 2014 as per warned earlier.
+ The worldwide bear market transitions have been warned in end-2013 and early-2014 based on technicals and funds flow characteristics of worldwide financial markets.
-----------------------------------------------------------------------------------------------------------------
Donovan Big Hands Funds Flow Computational Oscillator
-----------------------------------------------------------------------------------------------------------------
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.
Click "Share" on the Facebook icon at the bottom of this thread if you like it, or
if you would like to start a discussion about it with friends on your Facebook Wall.
No comments:
Post a Comment