Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
for Worldwide Financial Markets
24 November 2014, Monday
24 November 2014, Monday
Broad Markets / Big Markets / Big Wind Directions
European markets are in the first 07 hours 15 minutes of trading while US markets (Dow, S&P500 and NASDAQ) are in the first 00 hour 45 minutes of trading.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from +5.209 to +4.022 in strength on the Donovan Norfolk Funds Flow Index Oscillator. On the other front, Big Hands' Bearish Puts Holdings on hand changed from -0.604 to -0.949 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 unloaded some longs today.
+ Big Hands loaded slight bearish puts today.
+ Big Hands are dual sells for today.
+ Overall, on an aggregate level, Big Hands are currently moderate strength longs in holdings with negligible bearish puts on hand.
+ Slight volatility/selling in immediate term expected; however, Pre-Christmas Rally and Year End Windows Dressing is in place in the short term. This short term Christmas rally will be within a long term bearish market, i.e. within transition to long term bear market.
+ Big Hands loaded slight bearish puts today.
+ Big Hands are dual sells for today.
+ Overall, on an aggregate level, Big Hands are currently moderate strength longs in holdings with negligible bearish puts on hand.
+ Slight volatility/selling in immediate term expected; however, Pre-Christmas Rally and Year End Windows Dressing is in place in the short term. This short term Christmas rally will be within a long term bearish market, i.e. within transition to long term bear market.
+ Overall Posture: short-mid term rebound in worldwide financial markets is in place
Worldwide financial markets are executing the following basic technical structures:
+ Long term: Transition to Bear Markets
+ Long term: Transition to Bear Markets
+ Mid term: Consolidation
+ Short term: Uptrend for Christmas Rally and Year End Windows Dressing
+ Immediate term: Possibly some selling
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.
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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;
0.000-0.999: Neutral / Negligible Net Holdings
1.000-2.999: Weak strength / weak holdings
3.000-4.999: Moderate strength / moderate holdings
5.000-6.999: Strong strength / high holdings
7.000-8.999:Very strong strength / very high holdings
9.000-10.000:: Maximum strength / maximum holdings
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.
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