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Tuesday, 1 October 2013

Funds Flow Analysis (FFA): 1 October 2013, Tuesday, 2.40 pm Singapore Time

Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
1 October 2013, Tuesday, 2.40 pm Singapore Time
The Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
1 October 2013 Tuesday

Broad Markets / Big Markets / Big Wind Directions

European markets are 20 minutes away from opening for trading, while US markets (Dow, S&P500 and NASDAQ) are 6 hours 50 minutes away from opening. 

Based on current latest computational results, Holdings Index Strength of Big Hands changed from +2.639 to +1.681 in strength on the Donovan Norfolk Funds Flow Index OscillatorBig Hands fluctuated back to Calls Holdings on hand, changing from -0.019 to +0.078 in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

Broad/Big Market (Big Wind Direction) Immediate-Term/Short-Term Posture by Big Hands:

Markets to rally on US Government Shutdown
+ Most market participants are bearish of the financial markets per highlighted last week.
+ Majority have shorted on US Government Shutdown due to the Debt Ceiling Fiasco.
+ Yesterday was a day of retailer longs trampling on retailer longs cheaply (i.e. small fishes selling and trying to get out on panic), while the Big Hands shake these weak holders successfully to buy strongly from them.
+ Big Hands consolidating their positions for today.
Big Hands are holding on to their previous longs.
+ Big Hands are slightly loading some Bullish Calls today.
+ Smoke screen had been created the past several trading days to lure shortists to short the markets, and to throw confusion to buyers and market participants who are longs or who are investors.
+ Per analysed 2 weeks ago, Big Hands' consolidations were expected to end last week.
+ Immediate term selling is ending and worldwide market rallies are still expected to continue for mid term.
+ Previously the worldwide rallies were expected to be merely for short-term and for shorting purposes based on DNA-FFA interpretation; however, the worldwide rallies have, since last week, changed in nature to one aiming for healthy large-wave scale for mid term, essentially one which has some more upside and for fiercer pump-up. 
+ A persistent immediate term consolidation of the past few days (which is happening currently) will make this larger up-wave dead cat bounce a longer lasting and larger magnitude one.
+ Worldwide International Financial Markets are still inherently Bullish-Biased (Especially Europe).
+ Buy on dip for this rally and today offers a golden opportunity to buy on fear/dip.

+ Financial Markets, Commodities Markets, Gold, Silver and Forex markets (AUD, EUR, CAD, GBP, NZD, CHF etc) still expected to have some more upside against USD, and this upside is expected to be healthy.

+ Expectations are unchanged: FCPO 3000RM as target, Gold $1500-$1550 as target, Silver $30.00 as target, Golden Agri (Palm Oil Stock) S$0.60 as 1st target and S$0.74 as 2nd target, AUDUSD $0.96 as first target and $1.00 parity as 2nd target, USDJPY ¥83.54-¥84.00 as final target, and BIG TARGETStocks Worldwide and across the board to rally on overbought and on top of public disbelief.

Summary as below:
* Rally expected in Crude Palm Oil, Crude Palm Oil stocks, Commodities, Gold, Silver.
* Corn will rebound to the targets for shorting as per mentioned previously: http://donovan-ang.blogspot.sg/search/label/Corn
* Strength still expected in AUDUSD.
* Strength still expected in EURUSD.
USDJPY expected to be bearish.
* Technical Rebounds expected in weak currencies such as Ringgit, Rupiah, SGD, Philippines Peso, Indian Rupee, Korean Won, HKD, Thai Baht, Russian Ruble, Middle-East currencies and currencies that were hammered in August 2013.
* World Markets to continue pushing up for Technical Rebounds when everyone is shorting and judging that we are at peak currently.

+ All major indices worldwide will continue to rally until I turn bearish.
+ This super rally will burn all LATE SHORTS out there who to tried to beat the markets in judging that markets were toppish or peakish.

Broad/Big Market (Big Wind Direction) Long Term Outlook by Big Hands:

+ Weak markets (e.g. Philippines, India, Korea etc) had entered into Bear Market Zones at high points previously.
+ Strong markets (e.g. US, Singapore, Germany, etc) had held on to critical supports temporarily and will attempt to bounce off these critical supports; these critical supports will get tested repeatedly (their critical supports are still being tested currently).
+ US markets (DJIA, S&P500 and NASDAQ) will go on to make all time new highs while all other markets are still in support-turned-resistance testing modes.
+ Rebounds of emerging economies will merely be dead cat bounces.

In essence, there will be 3 groups of BIG MARKET MOVEMENTS from now:

1st Group (Weak Markets): 

Weak markets such as Korea KOSPI , Philippines, Indonesia, Spain IBEX etc.
These markets already broke down critical supports which denote initial bear market stage; these will do dead cat bouncing back-tests (falling knife dead cat rebounds). 
Sell on rebounds.

2nd group (Mid-strength Markets): 

Singapore STI, Hong Kong HSI, UK FTSE100, France CAC, Italy MIB, Spain etc
These markets will rebound off critical supports now (STI 2925-3065 pts, HSI 19000-19500 pts, FTSE-UK 5900-6000 pts as analysed previously), with no breakdowns yet. Refer to all past technical analyses.
Ride, observe and be cautiously ready to sell.

3rd grp (Strong Markets): 

US Markets of S&P500, DJIA and NASDAQ, German DAX as well as Malaysian KLCI
These markets may hover at all time new highs and throw a big array of confusions to traders, investors and analysts. While US hover around all time new highs, weak markets' rebounds will confirm bear market and mid-strength markets may transit to bear market phase in this rebound.
Ride and observe and be cautious.

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.

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