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Sunday, 24 November 2013

Euronext Brussels Bel 20 Index: 24 November 2013, Sunday, 11.25am Singapore Time

Euronext Brussels Bel 20 Index Chart 1: 
24 November 2013, Sunday, 11.25am Singapore Time
Chart Courtesy of Chartnexus

The Euronext Brussels, as well as many markets in Europe, broke up important resistances and it became obvious that one should go long or buy. Many trading programs worldwide bought on break-up of previous Euro Crisis Resistances. These simple retailer algorithms, less superior Big Hands algorithms and later comers need to be flushed out by the market. It is a law of survivor of the fittest, a Charles Darwin Law that will be in play. Weak hands, especially investors who are mentally weak, will have to withstand psychological mind games and be flushed out in this correction that is in progress with more to come.


Euronext Brussels Bel 20 Index Chart 2: 
24 November 2013, Sunday, 11.25am Singapore Time
Chart Courtesy of Chartnexus

Together with Euronext Brussels Bel20 Index of Belgium, majority of Europe have hit their price satisfaction zone during the Eurozone Financial Markets' Rebound since 2011. A correction has to be in place now. The depth of this flush-out will then confirm if Eurozone Cyclical Bull or Secular Bear is to be at work for the next few years.


Euronext Brussels Bel 20 Index Chart 3: 
24 November 2013, Sunday, 11.25am Singapore Time
Chart Courtesy of Chartnexus

Euronext Brussels Bel 20 Index Chart 3 will guide you on what to expect from end of year 2013 to early 2014.

This correctional sell-off that is anticipated since early November 2013 will find a temporary support in early-mid December. Euronext Brusels Bel20 Index is expected to find a temporary footing at 2740-2780 points (together with world markets) as a temporary end to Wave A Correction. Wave B Christmas rally will set the festive mood right in Europe and US during light volume trading. This will then be greeted by a Wave C sell-off resumption in this short-mid term correction to welcome 2014, during which everyone will judge that Eurozone as well as world markets are bearish. Euronext Brussels Bel20 Index is expected to find bottom at 2600-2632 points.

In essence, Wave A-B-C will lead all analysts to judge a confirmed downtrend (applying standard technical analysis) and call for a public sell, a time when the correctional bottom will be in place for everyone to sell while the smart money buys on fear for resumption of the larger upwave.


UK FTSE 100 Index: 24 November 2013, Sunday, 10.41am Singapore Time

UK FTSE 100 Index: 24 November 2013, Sunday, 10.41am Singapore Time
Chart Courtesy of Chartnexus

Attached above is the chart of UK FTSE 100 Index.

All illustrations are self-explanatory from the chart attached.


Saturday, 23 November 2013

Australia ASX All Ord Index: 23 November 2013, Saturday, 11.20am Singapore Time

Australia ASX All Ord Index: 23 November 2013, Saturday, 11.20am Singapore Time
Chart Courtesy of Chartnexus

Australia ASX All Ord Index:

There are now clearly more efforts spent in shorting by the Big Hands, Smart Money and Market Movers worldwide. And when efforts come, especially if it is determined effort, the results (hammering) will come too.

The depth of this current selling worldwide will reveal if the December 2012 money-escape from Aussie Financial Markets was to be a valid and significant warning for 2013 and 2014.

Donovan Norfolk Ang Rating:
Bearish at the current high point until I turn bullish for reversal again. 
Expect the wash-out (sell-down climax).

France CAC 40 Index: 23 November 2013, Saturday, 10.58am Singapore Time

France CAC 40 Index: 23 November 2013, Saturday, 10.58am Singapore Time
Chart Courtesy of Chartnexus

If the anticipated sell-down had been executed last week or 2 weeks ago worldwide as per warned, it would had been merely a short-term shallow correction. 

However, the dark clouds worldwide refused to rain, and instead stored for even more dark clouds. This means that the rain that comes will not just be a light and short shower; instead, it will switch gear to become a mid-strength heavy rain. 

The duration of the rain that comes will also not be just be a short-term shallow one, unless it is a heavy downpour which clears the dark clouds in a shorter time. There are now clearly more efforts spent in shorting by the Big Hands, Smart Money and Market Movers worldwide. And when efforts come, especially if it is determined effort, the results (hammering) will come too.

Donovan Norfolk Ang Rating:
Bearish at the current high point until I turn bullish for reversal again. 
Expect the wash-out (sell-down climax).

Refer also:
http://donovan-ang.blogspot.sg/2013/11/france-cac-40-index-17-november-2013.html
(Larger timeframe picture of the France CAC 40 Index)


Friday, 22 November 2013

Funds Flow Analysis (FFA): 22 November 2013, Friday, 3.59pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
22 November 2013, Friday, 3.59pm Singapore Time
The Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
22 November 2013, Friday

Broad Markets / Big Markets / Big Wind Directions

European markets are 1 minute away from opening for trading, while US markets (Dow, S&P500 and NASDAQ) are 6 hours 31 minutes away from the opening bell. 

Based on current latest computational results, Holdings Index Strength of Big Hands changed from -10.000 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 -4.115 to -3.817 in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

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

+ Big Hands have held on to Maximum Shorts now.
+ Big Hands are persistent in their Shorts.
+ Big Hands are confident in shorting the international financial markets worldwide.
+ Big Hands consolidated their bearish puts which are not for protections but for highly speculative purposes: sell down financial markets for the mark down stage of correction.
+ Big Hands/Smart Money worldwide are still shorts-biased and the confidence level of the shorts are high.
+ Short-mid term outlook: Big Hands worldwide are still executing short-mid term sell-offs worldwide, and the correctional sell-downs have not ended yet (still in progress).
+ Timeframe of correction intention has been changed from short-term correctional sell-off to one of short-mid term correctional sell-off.
+ Backtesting of the DNA-FFA Action Zone (refer above chart) was conducted by the Big Hands for Bearish Confirmation per warned 3 days ago.
+ Short Term Corrections worldwide have not ended as per reiterated previously. This is despite any immediate term rebounds whose main purpose is to confuse market participants worldwide and to trigger weak holders' stops (refer previous special write-ups).
+ Dow Jones Industrial Avg Index, S&P500 Index and NASDAQ Composite Index will continue to sell off when it opens in 6 hours 31 minutes' time.
+ Forex markets had also reacted again per my analyses: USDJPY, EURUSD, GBPUSD, Swiss France, Canadian Dollar, AUDUSD,NZDUSD to resume correction down again. 
+ Last wave of short term selling climax is still to be expected. Note that if the attempted -10.000 maximum shorts cannot bring about a sell-down climax, the long term outlook for world international financial markets will reverse into a long term bull market.
+ Any immediate rebound is still a short-on-rebound, until the short-mid term correction ends.
+ International Financial Markets worldwide are officially entering into critical stage from 20 Nov 2013 till end of 2013.
+ Some protections and cautions are still 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. 

Posture:
+ Market-Movers are postured to execute short-mid term sell-down on indices, index stocks, big cap stocks and mid cap stocks worldwide as per reiterated 2 weeks ago (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-looking despite this anticipated short term sell-down with potential force.

+ The following are the UPDATED short term sell-off correction targets as per reiterated since 2 weeks ago:

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

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

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

4. UK FTSE100: 
6500-6550 points.

5. Germany DAX: 
8700-8750 points. 

8. US NASDAQ Composite: 
3700 points

9. EURO STOXX 50:
2930-2950 points

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

11. EURUSD: 
1.34000 ---> TARGET HIT ON 7 NOV 2013 
12. GBPUSD: 
1.59000 as first target ---> TARGET HIT TWICE IN NOV 2013
and 
1.57000-1.57500 as second target

13. NZDUSD: 
0.81000

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


+ 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.

-----------------------------------------------------------------------------------------------------------------
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.



Market Forecast Update: 22 November 2013, Friday, 9.52am Singapore Time

Market Forecast Update: 22 November 2013, Friday, 9.52am Singapore Time

Be careful, US may be in distribution stage right now.

Smart Money Actions: Using Yellen's bullish comments to do distribution to naive buyers/investors; this will be followed by creation of some blood in the markets worldwide which in turn will help the market-movers make one good killing in a short-mid term correction.


Thursday, 21 November 2013

Funds Flow Analysis (FFA): 21 November 2013, Thursday, 5.00pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
21 November 2013, Thursday, 5.00pm Singapore Time
The Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
21 November 2013, Thursday


Broad Markets / Big Markets / Big Wind Directions

European markets are in the first hour of trading, while US markets (Dow, S&P500 and NASDAQ) are 5 hours 30 minutes away from the opening bell. 

Based on current latest computational results, Holdings Index Strength of Big Hands changed from -6.621 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 -2.835 to -4.115 in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

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

+ As per warned before it happened, Markets sold off sharply yesterday in Spain, Europe and Asia for a second consecutive trading day; markets also sold off in US yesterday as per warned 2 hours 40 minutes before the NYSE/OMX (DJIA, S&P500 and NASDAQ) opened for trading.
+ As per warned too for the past few days, financial markets in India, Philippines, Hong Kong, Singapore, Malaysia, Spain, Italy, France etc (in essence Asia and Europe) had resumed short-mid term sell-down which was reiterated that the selling has not ended yet.
+ Big Hands have for a second attempt piled up Shorts to the Maximum now.
+ Big Hands' puts have also piled up all over again
+ Big Hands/Smart Money worldwide are still shorts-biased.
+ Short-mid term outlook: Big Hands worldwide are still executing short-mid term sell-offs worldwide.
+ Timeframe of correction intention will now be changed from short-term correctional sell-off to short-mid term correctional sell-off.
+ Backtesting of the DNA-FFA Action Zone (refer above chart) was conducted by the Big Hands for Bearish Confirmation per warned 2 days ago.
+ Big Hands have not only held on to their shorts, but piled up wave after wave of massive shorts.
+ Big Hands' puts are still speculative in nature and not for protections.
+ Short Term Corrections worldwide have not ended as per reiterated many times previously. This is despite any immediate term rebounds which was to confuse market participants worldwide and to trigger weak holders' stops (refer previous special write-ups).
+ Dow Jones Industrial Avg Index, S&P500 Index and NASDAQ Composite Index will continue to sell off when it opens in 5 hours 31 minutes time.
+ Forex markets had also reacted again per my analyses: USDJPY, EURUSD, GBPUSD, Swiss France, Canadian Dollar, AUDUSD,NZDUSD to resume correction down again. 
+ Last wave of short term selling climax is still to be expected. Note that if the attempted -10.000 maximum shorts cannot bring about a sell-down climax, the long term outlook for world international financial markets will reverse into a long term bull market.
+ Any immediate rebound is still a short, until the short-mid term correction ends.
+ International Financial Markets worldwide are officially entering into critical stage from 20 Nov 2013 till end of 2013.
+ Some protections and cautions are still 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. 

Posture:
+ 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 2 weeks ago (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.

+ The following are the UPDATED short term sell-down correction targets as per reiterated since 2 weeks ago:

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

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

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

4. UK FTSE100: 
6500-6550 points.

5. Germany DAX: 
8700-8750 points. 

8. US NASDAQ Composite: 
3700 points

9. EURO STOXX 50:
2930-2950 points

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

11. EURUSD: 
1.34000 ---> TARGET HIT ON 7 NOV 2013 
12. GBPUSD: 
1.59000 as first target ---> TARGET HIT TWICE IN NOV 2013
and 
1.57000-1.57500 as second target

13. NZDUSD: 
0.81000

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


+ 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.

-----------------------------------------------------------------------------------------------------------------
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.