Broad Markets / Big Markets / Big Wind Directions
+ Relentless piling up of Puts persist
+ Dual increase in Shorts despite markets rebounding immediate term today
+ Intentions to carry out more market plunges persist
+ Main direction still strongly bearish biased for the short-mid term
+ Sell down has not climaxed and there is still no fear created in the international financial markets yet
+ Main margin calls have not been triggered yet (i.e. the longs have still not trampled the longs yet)
+ No signs of capitulation
+ Many strong holders are holding on to hopes and so markets have more downside
+ The best recipe for a longs-killing-longs trampling style of selling has not happened yet, and when it happens, it will be nasty.
+ Expect more sell-down to continue in the days and weeks ahead.
+ There is now chances that a number of Asian markets will start falling into Bear Market Zones if this selling persists for the coming 1-2 weeks and markets execute the initial stage of longs-killing-longs trampling style of selling.
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 walked by Big Hands.