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Monday, 11 November 2013

Funds Flow Analysis (FFA): 11 November 2013, Monday, 2.20pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
11 November 2013, Monday, 2.20pm Singapore Time

The Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
11 November 2013, Monday

Broad Markets / Big Markets / Big Wind Directions

European markets are in the first 1 hour 40 minutes away from opening for trading, while US markets (Dow, S&P500 and NASDAQ) are 8 hours 10 minutes away from the opening bell. 

Based on current latest computational results, Holdings Index Strength of Big Hands changed from -4.048 to -7.051 in strength on the Donovan Norfolk Funds Flow Index OscillatorOn the other front, Big Hands' Puts holdings on hand changed from -5.264 to -6.308 in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

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

+ The immediate term (1-2 day) rebound on last Friday came per warned before US Markets opened, and the immediate rebound was initiated by US.
+ This immediate term 1-2 day rebound is ending and will resume to the short term sell-off soon.
+ The continued short term sell-down came per expected 4 days ago despite any good news such as ECB cutting of rates.
+ This short term sell down is expected to resume as soon as 8 hours later when US markets opens, plus 2 days allowance for execution.
+ Big Hands carried on further piling up of Shorts today.
+ Big Hands also carried on further piling up of PUTS today (their puts are largely in the money with profits). 
+ Big Hands are very confidently dual sells today, making use of any bullish immediate term rebound to short and to add puts.
+ Big Hands resume their piling of SELLS (something still brewing short term and for which one has to be cautious of).
+ Big Hands' Short-Term Holdings are now shorts with SIGNIFICANT strength.
+ Big Hands' PUTS Holdings are now Shorts with SIGNIFICANT strength too.
+ Majority of Big Hands' Shorts and Bearish PUTS are still held in place.
+ Immediate term rebound is ending for resumption of short term SELL DOWN. 
+ This short term correction can be a brunt and is expected to be strong a sell-off.
+ Some protections and cautions are warranted if one is late longs in Stocks, Equities, Indices, Commodities, Forex: EURUSD, GBPUSD, AUDUSD, NZDUSD, CANADIAN DOLLAR CAD, SWISS FRANC CHF AND JAPANESE YEN JPY, Gold, Silver, Crude Palm Oil and Crude Oil. 
+ Expect a resumption of SELL-OFF any time now although markets are still flat/greenish currently.

Posture:
+ Big Hands' persistence in Puts (refer to chart above) coupled with switch to shorts last week are still showing signs of intentions: Short-Term Correction brewing VERY strong.
+ Big Hands Shorts and Puts are now getting STRONG.
+ Market-Movers are still looking to execute short term sell-down on indices, index stocks, big cap stocks and mid cap stocks worldwide as per reiterated last week (Note: penny stocks and small caps do not need to respond to index/big market corrections).
Short-term Corrections are expected to be executed with more impulse; however, do bear in mind that mid-term worldwide market outlook is still upwave-biased despite this anticipated short term sell-down with potential force.

Side-Note:
Wisdom from Donovan Norfolk Ang: 

"Markets will ignore anything good, be it on the news side, fundamental side or technical side, as long as Big Hands are Shorts with Puts."
(ECB cutting of rates ---> Bullish ---> Sell-down)

+ The following are the short term sell-down correction targets as per reiterated since last week:

(you might like to refer to the accompanying detailed analysis links below too):

1. Malaysian FKLI: 
1,790 points and a whipsaw just below 1790 points.

2. Hong Kong Hang Seng Index: 
22,770 points first target ---> TARGET HIT 8 NOV 2013
and 
22,000 points second target

3. UK FTSE100: 
6500-6550 points.

4. European Euro STOXX50: 
2804 points.

5. US NASDAQ Composite: 
3700 points.

7. EURUSD: 
1.34000 ---> TARGET HIT ON 7 NOV 2013 

8. GBPUSD: 
1.59000 as 1st target ---> TARGET HIT IN NOV 2013
and 
1.57000-1.57500 as 2nd target

9. NZDUSD: 
0.81000

10. AUD, NZD, EUR, GBP, JPY, CAD, CHF will generally be weak until the corrections end. 

+ FFA Litmus Test Results:
Short-term corrections are expected to be executed with more force now in International financial markets worldwide: Stocks, Equities, Indices, Commodities, Forex: EURUSD, GBPUSD, AUDUSD, NZDUSD, CANADIAN DOLLAR CAD, SWISS FRANC CHF AND JAPANESE YEN JPY, Gold, Silver, Crude Palm Oil and Crude Oil. These are, however, still within a mid-term relief rally bounce and any short term corrections are to be judged as healthy retracements within the larger mid-term upwaves.

+ Below are the much larger mid-term upwave targets that still hold:

+ Financial Markets, Commodities Markets, Oil, Gold, Silver and Forex markets (EURUSD, GBPUSD, Swiss Franc, Japanese Yen, Canadian Dollar, AUDUSD, NZDUSD) are still expected to have some more upside against the US Dollar, and this upside is expected to be healthy until I turn big reversal.

+ Expectations are still unchanged: FCPO 3000RM as target, Gold $1500-$1550 as first target and $1750-$1800 as second target, Silver $30.000 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, India CNX Nifty Index 6188-6320 as up-move target and break-out of 6320 points for uncharted rally as second target, and Oil $118.00-$120.00 as tentative target, FKLI 1900 points as target, or until I turn big reversal.

+ Special Note: 
Each of the respective asset class markets (Gold, Silver, Crude Oil, Palm Oil, Commodities, Forex, Stocks and Worldwide Stock Market Indices) have moved in my directions since.

+ So far, only Indian Nifty Index, AUDUSD has hit initial targets as above listed. 
+ More upsides in worldwide financial markets (Stocks, Equities, Indices, Commodities, Forex: EURUSD, GBPUSD, AUDUSD, NZDUSD, CANADIAN DOLLAR CAD, SWISS FRANC CHF AND JAPANESE YEN JPY, Gold, Silver, Crude Palm Oil and Crude Oil)  are still expected after this short term correction selldown (refer past analyses).
+ Japan's QE effects are wearing out, Nikkei-225 may become the weakest link of international financial markets when the rising tide ends.

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

The depth of this anticipated short term sell-down will reveal clearer skies and whether previous long term outlook still hold.

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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: 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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