Tuesday, 24 February 2015

Funds Flow Analysis (FFA): 24 February 2015, Tuesday, 10.55pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
24 February 2015, Tuesday, 10.55pm Singapore Time
Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
24 February 2015, Tuesday

Broad Markets / Big Markets / Big Wind Directions

Based on current latest computational results, Holdings Index Strength of Big Money have changed from +9.020 to +10.000 (Maximum) in strength on the Donovan Norfolk Funds Flow Index OscillatorOn the other front, Big Monies flipped back to Bullish Calls, with Holdings Index Strength changed from +0.720 to +2.959 in strength on the Donovan Norfolk Funds Flow Index Oscillator.  

Big Money Aggregate Strength (posture) in holdings changed from +4.870 to +6.480 (Strong Longs)


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

In the financial markets worldwide:
+ Smart Monies added some longs to make it maximum longs in holdings.
+ Smart Monies added bullish calls to make it weak strength bullish calls in holdings.
+ Smart Monies are still attempting to confirm short term market peaks

+ Broad markets in stocks and equities are not being bought up generally; look to be cautious, sell and unload stocks on rebounds.

+ Stocks that fail to rally with the positive Funds Flow Analysis of the past few weeks will plunge faster than any other stocks when Funds Flow Analysis of Smart Monies turn negative (shorts) again. 

Aggregate Net Strength in Holdings of Big Monies: +6.480 (Strong Longs)


Worldwide financial markets are executing the following basic technical structures:

Long termTransition to Bear Markets
Mid termSideways but at critical point to decide if uptrends top out or not top out; high probability topping out
Short term: Uptrend But Attempting To Confirm Market Peak Now

<< LONG TERM BEAR MARKET TRANSITIONAL-PHASE WORLDWIDE AS WARNED IN END-2013 AND EARLY-2014 HAS RECEIVED CONFIRMATION IN END-2014 AND EARLY-2015>>

Long term major top for worldwide financial markets forming in 2014:

+ First confirmation of worldwide bear market transition had made in the first half of 2014 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.
+ We are receiving 2nd confirmation of worldwide bear market transition in December 2014 and early 2015.

-----------------------------------------------------------------------------------------------------------------
Donovan Big Money 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;
0.000-0.999: Neutral / Negligible Net Holdings
1.000-2.999: Weak strength / weak holdings
3.000-4.999: Moderate strength / moderate holdings
5.000-6.999: Strong strength / high holdings
7.000-8.999:Very strong strength / very high holdings
9.000-10.000:: Maximum strength / maximum holdings

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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Sunday, 22 February 2015

Straits Times Index: 22 February 2015, Sunday, 11.10am Singapore Time

Straits Times Index: 22 February 2015, Sunday, 11.10am Singapore Time
Chart courtesy of Chartnexus.com

Bearish Ascending Wedge hidden inside Straits Times Index from September 2014 to February 2015. This is signs of further distribution (unload) in stocks from the smart monies to the foolish monies.

Stocks and equities to carry on being unloaded as warned in end-2013 and early-2014.



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US Dollar: 22 February 2015, Sunday, 10.35am Singapore Time

US Dollar: 22 February 2015, Sunday, 10.35am Singapore Time
Chart courtesy of StockCharts.com


USD and USD Index will sell off towards 85.00-90.00 Cyclical Support band on the fact that every Tom, Dick and Harry knows that FED interest rates will be raised this year 2015. This will be yet another reverse logic move that sucks money from naive traders and naive investors who trade or invest on stale news.

US Dollar Supercycle Resistance (Very strong sell pressure):

1. Gold to have a large escape wave to $1550-$1600, Silver and Oil to have major dead cat bounces until gold hits $1550-$1600 and USD Index hits green support band at 85.00-90.00 as above;
Inter-Reference with Gold:
http://donovan-ang.blogspot.sg/2015/02/gold-gld-etf-18-february-2015-wednesday.html
http://donovan-ang.blogspot.sg/2015/02/gold-19-february-2015-thursday-830am.html

2. Commodities to execute escape wave rebounds;

 3. Stocks and equities to sell off.
Inter-Reference with Straits Times Index and MSCI Singapore as illustrative example:
http://donovan-ang.blogspot.sg/2015/02/msci-singapore-index-simsci-13-february.html
http://donovan-ang.blogspot.sg/2015/02/straits-times-index-22-february-2015.html

4. EUR, GBP, CHF, JPY, CAD, NZD and AUD to have dead cat bounce until USD Index hits 85.00-90.00 band as above on chart.
Inter-Reference with Euro analysis as illustrative example:
http://donovan-ang.blogspot.sg/2015/02/eurusd-3-february-2015-tuesday-941pm.html

*Euro Currency Note: 
Markets may price in Greece's 4-month negotiation extension with creditors as "will be successful" by having Euro going up first. This will wipe out Euro shorts that shorted on breakdowns in the market. If negotiation is indeed successful 4 months later, markets to sell Euro on news 4 months later; if negotiation fails, markets to sell and hammer Euro doubly hard 4 months later. 
What is assured? 4 months later --> Sell Euro (Euro shorts would had been wiped out)

5. The above executions (reverse psychology moves) will inflict majority of traders and investors with another round of losses.

6. Markets like to play reverse psychology so that everyone loses on logic thinking. Those who follow trends, you are often late on trend, by the time an obvious trend is formed and you can see the trend, so does the whole world. If the whole world can see a trend just like you do and wins money, then who loses if everyone wins? This is then the time you lose money like the whole world of traders and investors do. Because you saw a trend like everyone does.

7. Many "experts" are now coming out with stale trend charts of everything that had already been happened in the market commenting on how the trend will carry on. The reverse play is coming soon when self-proclaimed gurus are coming out to draw late trend charts and commenting like a pro on nice trends that seemed to be going to go on perpetually.



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Saturday, 21 February 2015

Why a Greek exit from Euro will spur a long term super bull market in Greece

Why a Greek exit from Euro will spur a long term super bull market in Greece




All the cancerous and terminally ill institutions with toxic assets (including Greek government with high debts) will be bankrupted and be detoxed from the Greek system once and for all. No more dragging the Greek economy. No more hindrance of policy implementation to solve the problems of its economy: no more lack of fiscal and monetary tools that have been bound and restricted by the ECB and the Euro for the common interest of Eurozone.

A domestic Central Bank floats the domestic economy according to international market's demand and supply, while on the other hand a federated Central Bank sinks a nation's domestic economy by being inflexibly centrally planned. Each sovereign and independent economy has its own needs. A strong Germany and fiscally responsible nations need a reasonably strong Euro or otherwise they had worked for nothing; and a weak PIIGS zone and fiscally weak nations need to have a weak Euro for monetary and fiscal bullets or otherwise their economies will be entrenched in perpetual spiral of death. There is a strong clash of interests. The conflict appearing as cracks is getting stronger. A new Greek currency that comes with unlimited monetary easing will be able to be used to pay off debts, create monetary stimulus, load the government with fiscal tools, cause the domestic currency to be subjected to real market mechanism according to where it should be and not according to where Euro should be, and spur employment and exports when the currency is cheap.

Short term wise, Greece will plunge into a severe crisis style recession with Greek unemployment rocketing up, its economy in collapse, price of imports sky-rocket and it will be relegated to 3rd world economy.

However, Greek disaster has been priced in 80-90% by the Greek stocks market already. Greek market index has been priced for near bankruptcy too, with 80%-90% value being shaved off from the market already (Peak to Trough). When you are at level -8 or -9 out of level -10, how down can you go? Your economic freefall is just a jump of from -8 or -9 to land at -10. Falling one or two storeys will not land one dead. You won't die compared to someone jumping from a maximum +10 to -10, a fall of 20 storeys. If out of the Euros, Greece will pay everything in new Greek currency and reset its system once and for all. Its new currency will be so thrash that its labour will be so cheap and this will spur a new wave of Emerging Market Industries shifting into Greece which has proximity to the rest of the Eurozone. It may even be the "China" of Europe for cheap factories and cheap production. First to benefit will be its goods, services and tourism industry which will go into superbull. Because of a system reset that degrades Greece into a 3rd world economy if it gets out of Euros, people will be more willing to accept any manufacturing jobs that are accompanied with hardship. No more fake Euro prosperity but real Greek reality as a new form of united Greece forms.

A mass creation of new employment from the ultimate plummet and new currency reset will be the start of a super-cycle bull market for Greece amidst a crisis. A new real bull is often born out of a -10.000 scale FFA bear market. However, if Greece still remains with Euro, well, it will just carry on to be on morphine drip and be supported by artificial clutches, and its supercycle bear will still be with it indefinitely until the day it removes the artificial life-support tube.



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Friday, 20 February 2015

Gold Hourly Chart: 20 February 2015, Friday, 5.00pm Singapore Time

Gold Hourly Chart: 20 February 2015, Friday, 5.00pm Singapore Time


The Gold hourly chart above is a refinement from daily chart technical analyses done for the past few weeks.

Added buys on Gold at $1207.58
(Near Support Zone)


Donovan Norfolk Technical Rating on Gold (XAUUSD):
Bullish

All past Gold analyses over the years, 
including warning on Gold's plunge from $1900 to $1600 and $1600 to below $1300 before the plunge came; currently I am bullish Gold:
http://donovan-ang.blogspot.sg/search/label/Gold



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Thursday, 19 February 2015

Gold: 19 February 2015, Thursday, 8.30am Singapore Time

Gold: 19 February 2015, Thursday, 8.30am Singapore Time
Chart courtesy of StockCharts.com

Attached above is the daily chart of SPDR Gold ETF that is listed in the US Market of NYSE. Note that it is also listed in HKSE in Hong Kong and SGX in Singapore. Gold is widely available for trading/investment too.

As per my words that I would be buying more SPDR Gold ETF when US market (NYSE) opens to test support area for Gold, the following is my investment executed successfully:

Last batch of Gold accumulated:
Longed 3,000 shares of SPDR Gold successfully at $115.10. 
Capital used: 3,000 x 115.10 = $345,300 USD

This marks my first investment of the Lunar New Year 2015,
having the deal done in the US Market.

The SPDR Gold GLD ETF is bought at around a peg of $1199 on Gold price.


Donovan Norfolk Technical Rating on Gold (XAUUSD):
Bullish

All past Gold analyses over the years:
http://donovan-ang.blogspot.sg/search/label/Gold



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Wednesday, 18 February 2015

Gold GLD ETF: 18 February 2015, Wednesday, 1.10pm Singapore Time

Gold GLD ETF: 18 February 2015, Wednesday, 1.10pm Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the daily chart of SPDR Gold ETF that is listed in the NYSE, HKSE and SGX. Gold is widely available for trading/investment too.

Today's candlestick landed at the Super Support where a huge buy pressure is for Gold as well as XAUUSD pair.
The above black circle in chart is where today's candlestick is:
Added 1,200 shares of Gold ETF today at just slightly below US$116.00.
I am one of the major participants of Gold ETF for today as well, on the back of light selling volume.
This is part of the Gold accumulation I had been doing.

Market has closed for the day.
Gold ETF is in consistency with the Gold price movements.

I will be collecting and averaging down more Gold ETF investments (tonight Asia time) in the US market (NYSE) when it opens. 

Buy The Gold correction as reiterated based on Technicals.
Selling has been light, buying has been heavy.
Observe the timeline on chart above for the execution.

My major buys/longs on Lunar New Year Eve.


Donovan Norfolk Technical Rating on Gold (XAUUSD):
Bullish

All past Gold analyses over the years:
http://donovan-ang.blogspot.sg/search/label/Gold


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Tuesday, 17 February 2015

EURUSD: 17 February 2015, Tuesday, 8.04pm Singapore Time

EURUSD: 17 February 2015, Tuesday, 8.04pm Singapore Time


Euro currency shorts squeeze worldwide as per warned before it happens.

Added more EURUSD longs at 1.14379.

Euro currency shorts squeeze worldwide as per warned before it happens. Added more EURUSD longs at 1.14379. Squeeze and slap the 90% majority shorts out there in the market who trade or invest on logic. 

Donovan Norfolk Concurrent Technical Rating on Gold and Euro:
Bullish

Tentative Target:
1.35388 
2000 pips per contract heavy whip upwards, 
i.e. $2000 USD per contract profits or $200,000 USD profits per 100 contracts


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Gold: 17 February 2015, Tuesday, 3.55pm Singapore Time

Gold: 17 February 2015, Tuesday, 3.55pm Singapore Time


This is how Gold will be played.
Final shake out below pink line in the immediate term.
Short Term and Mid Term powerful multiple buy pressure and multiple support will be at the BLACK SUPPORT and YELLOW SUPPORT to spur the continuation in Gold rally.

Buy The Gold correction. Selling has been light, buying has been heavy.
Observe the timeline on chart above for the execution.

Donovan Norfolk Technical Rating:
Bullish



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Monday, 16 February 2015

Funds Flow Analysis (FFA): 16 February 2015, Monday, 4.42pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
16 February 2015, Monday, 4.42pm Singapore Time
Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
16 February 2015, Monday

Broad Markets / Big Markets / Big Wind Directions

Based on current latest computational results, Holdings Index Strength of Big Money have changed from +9.420 to +9.020 in strength on the Donovan Norfolk Funds Flow Index OscillatorOn the other front, Big Monies flipped back to Bullish Calls, with Holdings Index Strength changed from +0.766 to +0.720 in strength on the Donovan Norfolk Funds Flow Index Oscillator.  

Big Money Aggregate Strength (posture) in holdings changed from +5.093 to +4.870 (Moderate Longs)


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

In the financial markets worldwide:
+ Smart Monies unloaded slight longs.
+ Smart Monies unloaded slight bullish calls
+ Smart Monies are attempting to confirm short term market peaks

+ Broad markets in stocks and equities are not being bought up generally; look to be cautious, sell and unload stocks on rebounds.
+ Stocks that fails to rally with the positive Funds Flow Analysis of the past few weeks will plunge faster than any other stocks when Funds Flow Analysis of Smart Monies turn negative (shorts) again. 

Aggregate Net Strength in Holdings of Big Monies: +4.870 (Moderate Longs)


Worldwide financial markets are executing the following basic technical structures:

Long termTransition to Bear Markets
Mid termSideways but at critical point to decide if uptrends top out or not top out; high probability topping out
Short term: Uptrend But Attempting To Confirm Market Peak Now

<< BEAR MARKET TRANSITIONS WORLDWIDE AS WARNED EARLY-2014 HAD RECEIVED 2ND CONFIRMATION IN END-2014 AND EARLY-2015>>

Long term major top for worldwide financial markets forming in 2014:

+ First confirmation of worldwide bear market transition had made in the first half of 2014 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.
+ We are receiving 2nd confirmation of worldwide bear market transition in December 2014 and early 2015.

-----------------------------------------------------------------------------------------------------------------
Donovan Big Money 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;
0.000-0.999: Neutral / Negligible Net Holdings
1.000-2.999: Weak strength / weak holdings
3.000-4.999: Moderate strength / moderate holdings
5.000-6.999: Strong strength / high holdings
7.000-8.999:Very strong strength / very high holdings
9.000-10.000:: Maximum strength / maximum holdings

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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if you would like to start a discussion about it with friends on your Facebook Wall.

Sunday, 15 February 2015

China Fishery: 15 February 2015, Sunday, 10.01am Singapore Time

China Fishery: 15 February 2015, Sunday, 10.01am Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the daily chart of China Fishery that is listed in the Singapore market.
Refer to full Technical Analysis as illustrated in the chart. It is self explanatory.

Those who did not get out on my end-2013, early-2014 and entire-2014 warnings, this is the punishing price action and wealth destruction that I had warned just before it happens.

Any escape wave, if market is gracious enough to execute it and if it comes will end at 27 cents maximum, but has extremely low probability of any rebound to 27 cents in the short or mid term. Long term bear market is still not finished yet with this company.

Irregardless, market will continue to probe for new lows and yet more new lows repeatedly until:
1. Company changes new top and middle management.
2. Company goes bust.

Given such a large scale formation price structure,
China Fishery will end at below 10 cents, a super penny stock status.

Good luck.

Donovan Norfolk Ang Technical Rating:
Bearish
(Short/Sell/Unload on any market gracious rebound)



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Friday, 13 February 2015

India NIFTY Index: 13 February 2015, Friday, 10.57pm Singapore Time

India NIFTY Index: 13 February 2015, Friday, 10.57pm Singapore Time

India market is still within a strong RED Up-Channel after having broken out a previous BLACK Up-Channel. This RED Up-Channel is an accelerated Up-Channel, reflecting the strength of Indian economy. However, it is at critical resistance now. This resistance will restrict any upside from here and also regulate the movement of India market.

India Market Current State:
Neutral with Limited Upside for 2015



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