Current Latest Computed Funds Flow Analysis (FFA)
For Worldwide Financial Markets:
30 January 2013, Wednesday, 4.15 pm Singapore Time
Broad Markets / Big Markets / Big Wind Directions
As expected and warned previously, there is indeed a powerful pump up today in the financial markets.
European markets are in the first 15 minutes of trading, while US markets are 6 hours 15 minutes away from the Wednesday opening bell.
Based on current latest computational results, Holdings Index Strength of Big Hands changed from +4.37 to +2.988 in strength on the Donovan Funds Flow Index Oscillator. Big Hands' Calls holdings changed from +1.601 to +1.444 in strength on the Donovan Funds Flow Index Oscillator. Dual pronged immediate profit taking after two consecutive days of very huge longs.
Broad/Big Market (Big Wind Direction) Short-Term Posture by Big Hands:
+ Dual pronged immediate profit taking after two consecutive days of very huge longs.
+ Short term was a swing back to neutral 2 days ago and a powerful swing to longs/buys yesterday.
+ Shake-out operation against retailers is completing.
+ Worldwide markets set to resume very powerful bull run in the immediate and short term.
+ Bias towards powerful rally worldwide
Broad/Big Market (Big Wind Direction) Mid-Term Outlook by Big Hands:
+ Mid-long-term remains a buy on dip in 2013 as markets in Europe and Asia have negated bear market technical structures as mentioned last year 2012.
+ Long term funds are still buying/investing.
+ Short term and immediate term shorts/sells/profit-takings by traders represent entry/re-entry opportunities for longer term investors (i.e. buy on retracement dips).
+ Short term shake-outs on weak holders, or retailers with high leverage and no holding power, represent golden chance to buy on dips cheaply.
+ As highlighted previously, by 2Q/3Q 2013, many markets (except PIIGS) will make new bull market highs since 2009 financial crisis..
-----------------------------------------------------------------------------------------------------------------
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 boats generally rise;
If it is a receding tide in Index Big Wind, most or almost all boats generally go lower.
Hence the importance of Big Wind Directions walked by Big Hands.
No comments:
Post a Comment