Current Latest Computed Funds Flow Analysis (FFA):
21 October 2014, Tuesday
+ Big Hands took profits of some shorts for a 2nd consecutive trading day, in turn, reducing some amount of Shorts holdings.
+ However, Big Hands are still net Shorts in holdings
+ Big Hands, on the other hand, added Bearish Puts.
+ Big Hands are still net holding Bearish Puts.
+ Overall, Big Hands worldwide are Shorts with some positional strength in Bearish Puts.
+ Short term rebound as a long term downwave consolidation is in progress.
+ Per last Friday, Dead Cat bouncing technical rebound was expected in the immediate term due to oversold conditions.
+ Immediate term technical rebound to turn into a short term technical rebound of a few weeks.
+ Technical rebound is to be viewed as short term (>1-4weeks) technical rebound within a long term downwave (>1-3years).
Worldwide financial markets are executing the following basic technical structures:
+ Long term: Transition to Bear Markets
+ Mid term: Downtrend
+ Short term: Uptrend
+ Immediate term: Dead Cat Bounce/Technical Rebound/Uptrend Expected Due to Oversold Intraday Conditions
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.