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Wednesday, 5 February 2014

Funds Flow Analysis (FFA): 5 February 2014, Wednesday, 4.59pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
5 February 2014, Wednesday, 4.59pm Singapore Time
Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
5 February 2014, Wednesday

Broad Markets / Big Markets / Big Wind Directions

European markets are in the first 59 minutes of trading, while US markets (Dow, S&P500 and NASDAQ) are 5 hours 40 minutes away from opening for trading. 

Based on current latest computational results, Holdings Index Strength of Big Hands changed from -9.534 to -10.000 (MAXIMUM STRENGTH)  in strength on the Donovan Norfolk Funds Flow Index Oscillator. On the other front, Big Hands' Puts Holdings on hand changed from -2.332 to -3.333 in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

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

+ 5th of February of 2014:
+ Big Hands piled up yet even more shorts again, on top of the existing stockpiles of shorts accumulated since November-December of 2013 as calculated.
+ Big Hands are still net Shorts in Holdings.
+ Big Hands added Bearish Puts while piling up more shorts.
+ Bearish Puts of Big Hands that were persistent since November-December of 2013 were classified to be for Speculative purposes.
+ Dual Shorts by Big Hands today.
+ Worldwide markets' execution of the 1-3 days' technical rebound within a mid term downwave, as per warned previously, does not mean a buy, but were rather opportunities to sell/short/unload/exit on rebounds.
+ Mid-term selling wave is still in progress.
+ Reiterate again that the market movers and smart monies have been very persistent in their Shorts Holdings and Bearish Puts Holdings since November and December of 2013, and it was also warned at the end of 2013 that year 2014 would be welcomed with sharp market plunges worldwide.
+ Be extremely cautious of the stocks and equities markets worldwide.
+ Expect whipsaws and volatility.

+ In essence, carry on to sell/unload stocks and equities on rebounds, or SHORT on rebounds. Run first, talk later.
+ To long is to counter-trend (reward is still there but will have to take the high risk associated with it).

+ In the mid term, the selling in worldwide stocks and equities markets is still far from over.
+ Stocks and equities worldwide are still expected to sell off broadly, unless the particular stock has very strong fundamentals to withstand any broad selling.
+ It took at least 2 months for the rainstorm clouds to accumulate, it follows that significant portfolio damages have to be effected by the selling for the rainstorm clouds to be depleted.
+ The first wave of damage has been effected now.

+ Hot Money and Smart Money had, also per warned in December 2013, rotated away from Equities, Stocks and Bonds into the Metals Market (Gold, Silver, Copper, etc).

+ Timeframe of worldwide selling: Tentatively projected to last until February/March 2014.

+ Note that there was also unusual unloading volumes in SPDR Morgan Stanley Technology Index ETF (read for implications on NASDAQ and World Markets) as warned on 29 Dec 2013:

Recent Analyses related to Emerging Markets:
India Market: http://donovan-ang.blogspot.sg/2014/01/india-nifty-index-10-january-2014.html

RELATED: THE GREAT CAPITAL FLIGHT OUT OF EMERGING MARKETS:

RELATED: THE GREAT CAPITAL FLIGHT OUT OF WORLDWIDE BANK STOCKS:
(Banks in the 4 Major Financial Centres of the World used as Litmus: U.S, U.K, Singapore and Hong Kong)

+ The following are the mid term sell-off correction targets as per analysed since 11 weeks ago with updates:
(you might like to refer to the accompanying detailed analysis links attached too):

1a. Malaysian FKLI: 
1,790 points and a whipsaw just below 1790 points as first target. ---> FIRST TARGET HIT ON 12 NOV 2013
and 
breakdown of 1780 points as second target  ---> SECOND TARGET HIT ON 13 NOV 2013
and 
1776 points as third target ---> THIRD TARGET HIT ON 5 FEB 2014 TODAY
and 
breakdown of 1776 points as forth target

1b. Malaysian KLCI:
Breakdown of 1728-1750 points band as target

2. Hong Kong Hang Seng Index: 
22,770 points as first target ---> FIRST TARGET HIT ON 8 NOV 2013
and 
22,000 points as second target ---> SECOND TARGET HIT ON 27 JAN 2014

3. India NIFTY Index:
6001 points as first target ---> FIRST TARGET HIT ON 21 NOV 2013
and

4. UK FTSE100: 
6500-6550 points ---> TARGET HIT ON 3 DEC 2013

5. Germany DAX: 
8700-8750 points. 

8. US NASDAQ Composite: 
3700 points

9. EURO STOXX 50:
2930-2950 points ---> TARGET HIT ON 12 DEC 2013

10. Dow Jones Industrial Index (DJIA):
14750 points as first target
and 
breakdown of 14750 points as second target

11. Euronext Brussels Bel20 Index:
2740-2780 points as first target ---> FIRST TARGET HIT ON 6 DEC 2013
and
2600-2632 points as second target

12. Singapore Straits Times Index (STI):
2600 points as target

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

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

-----------------------------------------------------------------------------------------------------------------
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.
Donovan Norfolk Ang

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Hang Seng Index Intraday: 5 February 2014, Wednesday, 3.28pm Singapore Time

Hang Seng Index Intraday: 5 February 2014, Wednesday, 3.28pm Singapore Time

For those who are lost,
this is where Hang Seng Index is right now.
HSI currently stands at 21194 points.

All Past Hang Seng Index Intraday Analyses:
http://donovan-ang.blogspot.sg/search/label/Hang%20Seng%20Intraday





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Monday, 3 February 2014

Metropolitan Bank and Trust Company: 3 February 2014, Monday, 7.35pm Singapore Time

Metropolitan Bank and Trust Company: 3 February 2014, Monday, 7.35pm Singapore Time

Attached above is the Metropolitan Bank and Trust Company listed in the Philippines Stocks Exchange.
(PSE: MBT)

+ Upwave Price satisfaction achieved at 133.20 Peso for end of upwave

+ Currently in steep down-channel as above, reflecting inherent bad fundamentals that may not be known yet

+ High Selling Pressure Zone (HSPZ) 1 at 90.47-98.10 Peso

+ High Selling Pressure Zone (HSPZ) 2 at 83.05-90.47 Peso

+ HSPZ 1 acts as layer 1 trapping first batch of investors

+ HSPZ acts as layer 2 trapping second batch of investors

+ Currently Metropolitan Bank and Trust Company is at double-resistance 
(ORANGE AND BLUE RESISTANCES) as above

+ Current point of Metropolitan Bank and Trust Company is also not far off from HSPZ 1 and HSPZ 2.

+ As many as 4 Solid Resistance ROAD BLOCKS are suppressing this Philippines Bank: VERY BEARISH.

+ From DNA Analysis, one word sums it up for the Philippines Bank: DISASTROUS.

+ Currently Metropolitan Bank and Trust Company is awaiting the next phase of sharp plunge again.

+ Many of the Filipino Banks are very bearish in structure: SELL
(Capital Flight Out with Bearishness Warned in Nov-Dec of 2013)

Donovan Norfolk Judgement:
Bearish for the mid-long term.
Unload/Sell/Short on every Rebound
Worldwide Bank Stocks Bearish now 
Emerging Markets' Banks do not look optimistic.
As Banking and Financial Sector are the arteries of economic activities, this further signals weakness in stocks, equities and financial markets worldwide.
RELATED: THE GREAT CAPITAL FLIGHT OUT OF WORLDWIDE BANK STOCKS:
FTSE ST Financial Index: http://donovan-ang.blogspot.sg/2014/02/ftse-st-financial-index-2-february-2014.html





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Unibank Inc: 3 February 2014, Monday, 6.50pm Singapore Time

Unibank Inc: 3 February 2014, Monday, 6.40pm Singapore Time
Chart courtesy of Chartnexus.com

Attached is the Chart of Unibank Inc (PSE: BDO) listed in the Philippines Stocks Exchange.

+ Sell Unibank Inc at current price range of 76.81-82.19 Peso.

+ BLACK SUPPORT Trendline is the last line of support holding the entire fragile structure now.

+ Once Critical BLACK SUPPORT breaks down, a floodgate of high mark-down/pump-down volume will flow with intention to trigger the first wave of margin calls in Philippines.

Donovan Norfolk Judgement:
Bearish for the mid-long term.
Unload/Sell/Short on every Rebound
Worldwide Bank Stocks Bearish now 
Emerging Markets' Banks do not look optimistic.
As Banking and Financial Sector are the arteries of economic activities, this further signals weakness in stocks, equities and financial markets worldwide.
RELATED: THE GREAT CAPITAL FLIGHT OUT OF WORLDWIDE BANK STOCKS:
FTSE ST Financial Index: http://donovan-ang.blogspot.sg/2014/02/ftse-st-financial-index-2-february-2014.html


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HSBC Holdings (HKSE): 3 January 2014, Monday, 1.15am Singapore Time

HSBC Holdings (HKSE): 3 January 2014, Monday, 1.15am Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the Chart of HSBC that is listed in the HKSE. 

1. Distribution above RED & PINK SUPPORT LINES as above

2. Bearish Rounding Top

3. Rounding Top has broken down with volume below the PINK support
(show of intention by Big Hands)

4. Warned in November-December of 2013 at the peak to sell/get out of financial markets as Big Hands are shorting furiously based on DNA Funds Flow Analysis Calculations with Track Records.

5. First Target as illustrated above in chart.

. 6. High Volume Sell-downs have resumed on HSBC as well as banking and financial stocks worldwide (refer to related analyses below)

Donovan Norfolk Judgement:
Highly Bearish for the long term.
Unload/Sell/Short on every Rebound
Worldwide Bank Stocks Bearish now 
As Banking and Financial Sector are the arteries of economic activities, this further signals weakness in stocks, equities and financial markets worldwide.


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DBS Bank: 3 February 2014, Monday, 12.30am Singapore Time

DBS: 3 February 2014, Monday, 12.30am Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the Technical Analysis of DBS Bank.

There were 3 huge unloads in all.
This entire long term distribution is in the ending phase and transiting into the sharp marking down sell-off phase.
In the strictest sense, the mark-down stage has officially started as illustrated above with breakdown of $16.68-$16.70 as well as a first successful backtest.

As DBS is a strong stock, it may execute a 2nd successive backtest at a slightly higher point, and this would present the last opportunity to get out or short. However, this should not be taken for granted as the breakdown is with volume following 3 prior high unloads by Smart Monies and BBs in the market.

Donovan Norfolk Judgement:
Highly Bearish for the long term.
Unload/Sell/Short on every Rebound
Worldwide Bank Stocks Bearish now 
As Banking and Financial Sector are the arteries of economic activities, this further signals weakness in stocks, equities and financial markets worldwide.


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Citigroup Inc: 3 February 2013, Monday, 12.05am Singapore Time

Citigroup Inc: 3 February 2013, Monday, 12.05am Singapore Time
Chart courtesy of StockCharts.com

Attached above is the Technical Analysis of Citigroup Inc (Citibank).
All illustrations are as above.

Short $47.43.
Significant downside from here 
Target: $38.00-$39.00
Donovan Norfolk Judgement:
Highly Bearish for the long term.
Unload/Sell/Short on every Rebound
Worldwide Bank Stocks Bearish now 
As Banking and Financial Sector are the arteries of economic activities, this further signals weakness in stocks, equities and financial markets worldwide.


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Sunday, 2 February 2014

FTSE ST Financial Index: 2 February 2014, Sunday, 11.35pm Singapore Time

FTSE ST Financial Index:
2 February 2014, Sunday, 11.35pm Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the FTSE ST Financial Index showing THE LARGE TRIPLE DISTRIBUTION OF FINANCIAL STOCKS TO THE PUBLIC, RETAIL INVESTORS AND SMALL FISHES in the stocks and equities markets.

1. The First Long Term Warning was achieved by a breakdown of the PINK SUPPORT in May 2013 as illustrated above.

2. The Subsequent Long Term Warning was delivered by a breakdown of the BLACK SUPPORT in June 2013 as illustrated above.

3. The Long Term Down-trend Warning Signal was double-confirmed in July and August of 2013: WARNING TO GET OUT OF ALL FINANCIAL MARKET INVESTMENTS BASED ON TECHNICALS ABOVE

4. The rest of 2013 was a set up merely to facilitate for the next phase of sharp mark-down stage: A FURTHER DISTRIBUTION AT WORK for long term investment funds to get out. 

5. This entire affair set up the Bearish Descending Triangle above as a consolidation.

6. This Descending Triangle has been completed and awaiting the HIGH VOLUME BREAK-DOWN as illustrated above.

7. As Big Hands in Financial Markets Worldwide are calculated to be back in Shorting Phase since November and December of 2013, and have large Shorts Holdings in the Big Wind Directions as per warned in November-December of 2013, this Descending Triangle will be executed for break-down.

8.  The projected initial target of this sell off phase for the Financial Stocks Index (FTSE ST Financial Index) is a plunge to 692.88 points. 

9. This means banks and financial stocks have high downside as per warned since November and December of 2013.

10. This entire worldwide sell-down is very far from finished yet.

11. Long term investors, as warned, will have significantly damaged portfolio even if it is consisted of blue chips, safe REITS, big bank stocks, or safe dividend stocks.

12. The above Descending Triangle is a conservative one.

13. The below Descending Triangle is a more aggressive one whose breakdown will result in something more disastrous during this selling wave to come.

FTSE ST Financial Index:
2 February 2014, Sunday, 11.35pm Singapore Time

14. This larger triangular break-down will result in a drop into the YELLOW CONSOLIDATED OPERATIONAL ZONE and a final target of 638.88-650.00 points

Donovan Norfolk Rating: 
1. Straits Times Index and FTSE ST Financial Index both very bearish with much more downsides until the targets above are hit for consolidation phase.

2. World Banking Stocks are also poised for a sell-off until the FTSE ST Financial Index Targets are hit.

Donovan Norfolk Judgement:
Highly Bearish for the long term.
Unload/Sell/Short on every Rebound
Worldwide Bank Stocks Bearish now 
As Banking and Financial Sector are the arteries of economic activities, this further signals weakness in stocks, equities and financial markets worldwide.

RELATED: THE GREAT CAPITAL FLIGHT OUT OF WORLDWIDE BANK STOCKS:

RELATED: THE GREAT CAPITAL FLIGHT OUT OF EMERGING MARKETS:



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