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Monday, 27 January 2014

Hang Seng Index Intraday: 27 January 2014, Monday, 4.46pm Singapore Time

Hang Seng Index Intraday: 27 January 2014, Monday, 4.46pm Singapore Time

Attached is the Hang Seng Index Intra-day Technical Analysis

Worldwide Markets are expected to make the 1-3 days immediate term dead cat bounce soon.
The RED LINE SUPPORT will serve as the trigger for immediate term dead cat technical rebound.

Hang Seng Index will rebound to 22000 (INNER YELLOW BAND) or 22400 points ( OUTER YELLOW BAND) to store energy for the next wave of sell-offs.

Worldwide financial markets will coordinate together too, with the most bearish markets rebounding least and the most bullish markets rebounding most during this very immediate term escape wave.

The next sell-off resumption will see Hang Seng Index hit my target of 21604.4 points, a target which was laid out nakedly during November and December of 2013. All other markets will also start to sell-off by then.

Note that if Hang Seng Index plunges below the RED LINE SUPPORT, the 1-3 days technical dead cat bounce ends immediately to resume the mid-term selling wave. This, in itself, presents a non-insignificant probability.

Any technical dead cat bouncing rebound is a sell/short/unload.

This worldwide sell-off as warned in end of 2013 is far from finished, unless it has caused sufficient price damages to stocks and equities portfolio worldwide. As per warned in November and December of 2013 to get out at the peak short term rebounds, late buyers will suffer significant stocks, equities and financial market losses.



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Funds Flow Analysis (FFA): 27 January 2014, Monday, 4.30pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
27 January 2014, Monday, 4.30pm Singapore Time
Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
27 January 2014, Monday

Broad Markets / Big Markets / Big Wind Directions

European markets are in the first 30 minutes of trading, while US markets (Dow, S&P500 and NASDAQ) are 6 hours 00 minutes away from opening for trading. 

Based on current latest computational results, Holdings Index Strength of Big Hands changed from -5.771 to -9.439  in strength on the Donovan Norfolk Funds Flow Index Oscillator. On the other front, Big Hands' Puts Holdings on hand changed from -1.862 to -1.681 in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

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

+ 18th trading day of 2014:
+ Big Hands increased shorts to near Maximum. 
+ Big Hands still Shorts in Holdings.
+ Big Hands covered some bearish puts today too and loaded slight bullish calls.
+ Big Hands will be executing 1-3 days immediate term technical rebound after this extremely sharp plunge which was warned previously to happen.
+ Worldwide markets execution of the 1-3 days' technical rebound within a mid term downwave does not mean a buy, but rather an opportunity to sell/short/unload/exit on rebound.
+ This serves as creation of noise too.
+ Note 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 as warned, 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.

+ Markets are still bearish biased in the mid-term despite possible 1-2 days' technical rebound.
+ In essence, sell on rebounds, or SHORT on rebounds. Run first, talk later.

+ 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.
+ 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:
+ The following are the mid term sell-off correction targets as per analysed since 10 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
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 

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

13. NZDUSD: 
0.81000 ---> TARGET HIT ON 29 NOV 2013
and
0.79000 as second target

14. AUDUSD
0.85000 as first target
and 
0.81000 as second target

15. USDCAD
1.15000 as target

16. AUD, NZD, EUR, GBP, CAD, CHF will generally be weak until the corrections end while JPY will be strong (ie USDJPY weak)
* Note that all these are behaving as per analysed as targets

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

18. 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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Sunday, 26 January 2014

Stock Exchange of Thailand SET Index: 26 January 2014, Sunday, 10.37pm Singapore Time

Stock Exchange of Thailand SET Index: 26 January 2014, Sunday, 10.37pm Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the Stock Exchange of Thailand SET Index,
reflecting the stocks market of Thailand.

+Thailand is a very good indicator of Emerging Economy
+ Distribution took place as highlighted above.
+ As indicated above, the Big Hands, Smart Monies and Market-movers made use of 2013 to unload stealthily Emerging Markets.
+ There was a very huge capital flight out of Thailand Stocks Market in 2013 as indicated above, even before the political turmoil in Thailand took place (Smart Money really SMART indeed).
+ Unlike Indonesia, there was no blocking volume; however, there was strong blocking price action at critical Resistance Zone 1 of 1455.87-1517.16 points band.
+ Very bearish

+ A Lower Resistance Zone 2 (1338-1395 points) is now used to suppress Thai Stocks.
+ There is no fear yet in Thailand Stocks Market, suggesting the current mark-down stage is healthy.
+ Compared to its Emerging Market Peers in ASEAN, Thailand is a leader in the sell-off phase.
+ The SET triangulates the Emerging Markets' Price Structures of Indonesia and Philippines:
Bearish

+ At best, Thailand will use 2014 to merely consolidate; at worst, it will have a major selling in 2014 to hit the bottom of the down-channel as highlighted in the chart below. This would represent major bearishness.
+ Emerging Markets are expected to sell off with force as per warned to get out in Nov-Dec of 2013
+ Also warned beforehand in 2013 that 2014 will be welcomed with huge sell-downs

+ The entire bearish structure will be negated only if the critical Resistance Zone 1 (1455.87-1517.16 points band) is taken out upwards to resume a bull, something of a near impossible probability. Until that happens, Thailand and Emerging Markets should continue to be regarded as bearish-looking/bearish-bias for sell/short on rebounds. If the Smart Monies already exited longs/buys of Emerging Markets in 2013, it only follows that stocks are to be trampled down furiously in prices. Smart Monies have nothing to lose in 2014 in trampling prices now.

+ ASEAN and Emerging Economies were potrayed in 2013 by mainstream media, public analysts, economists, everyone professional etc to be high growth for 2013 and 2014; all of them would be proven wrong as per how history always repeats and never fails to repeat. The fact is 95% loses.
+ While everyone bought on rosy outlook, they were sold all these pretty roses at pretty rosy prices. There is no better time for Smart Money to unload while everyone buys the rosy outlook. No better time than that to exit in 2013 out of everyone's expectation. 
+ Many public are holding trapped stocks and unwanted babies based on the above chart, and majority of public worldwide are still very bullish, believing outlook is bright.
+ 2014 will not be a good year for stocks as per warned during end of 2013.

+ There is a very high chance many financial markets worldwide already had a huge capital flight out in 2013 while you were busy buying away on rosy outlook. Also warned based on my pointing out of all dark clouds forming during end of 2013.

Stock Exchange of Thailand SET Index: 26 January 2014, Sunday, 10.37pm Singapore Time
Chart courtesy of Chartnexus.com

+ Chart 2 is self-explanatory. So I would not delve into it.
+ Immediate Target is shown by RED CIRCLE above.

Emerging Markets:
Bearish

Related (Emerging Markets):
Indonesia Market: http://donovan-ang.blogspot.sg/2014/01/indonesia-jakarta-stock-exchange.html
Philippines Market: http://donovan-ang.blogspot.sg/2014/01/philippines-psei-index-26-january-2014.html
Singapore Market: http://donovan-ang.blogspot.sg/2014/01/msci-singapore-index-simsci-10-january.html
Malaysia Market: http://donovan-ang.blogspot.sg/2014/01/malaysia-klci-index-6-january-2014.html
Hong Kong Market: http://donovan-ang.blogspot.sg/search/label/Hang%20Seng%20Index
India Market: http://donovan-ang.blogspot.sg/2014/01/india-nifty-index-10-january-2014.html

Other Recent Analysis For Comprehensive View (Mature Markets):
Spain IBEX Index: http://donovan-ang.blogspot.sg/search/label/IBEX
Nikkei-225: http://donovan-ang.blogspot.sg/search/label/Nikkei
France CAC40 Index: http://donovan-ang.blogspot.sg/search/label/CAC40%20Index
Euro STOXX 50: http://donovan-ang.blogspot.sg/2013/12/europe-stoxx-50-index-2-december-2013.html
Australia ASX All Ord Index: http://donovan-ang.blogspot.sg/2013/12/australia-asx-all-ord-index-2-december.html
AUDUSD: http://donovan-ang.blogspot.sg/2013/05/aud-usd-technical-analysis-24-may-2013.html
Gold: http://donovan-ang.blogspot.sg/2014/01/gold-1-january-2014-wednesday-1220am.html



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Indonesia Jakarta Stock Exchange Composite Index: 26 January 2014, Sunday, 2.45pm Singapore Time

Indonesia Jakarta Stock Exchange Composite Index: 
26 January 2014, Sunday, 2.45pm Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the Jakarta Stock Exchange Composite Index (JSX/JCI)

+ Indonesia Stocks Market has a bearish structure just like the Philippines PSEi.
+ Distribution took place as highlighted above.
+ There was also a blocking volume on backtest of support-turned-resistance above 
(confluence of triple resistances)
+ Very bearish
+ The confluence of triple resistances was also the price satisfaction point.
+ The YELLOW CIRCLE was where stock prices in Indonesia were allowed to over-run beyond the RED price satisfaction point to facilitate distribution.
+ At best, Indonesia will use 2014 to consolidate; at worst, it will have a major selling in 2014 to hit the bottom of the down-channel as highlighted in the chart above. This would represent major bearishness.
+ Emerging Markets are expected to sell off with force as per warned to get out in Nov-Dec of 2013
+ Also warned that 2014 will be welcomed with huge sell-downs

+ The entire bearish structure will be negated if the upper limit of the ORANGE ZONE at  4791.765 points and 4743.094 points are both taken out upwards to resume a bull. Otherwise, Indonesia should continue to be regarded as bearish-looking/bearish-bias for sell on rebounds.

Emerging Markets:
Bearish



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Philippines PSEi Index: 26 January 2014, Sunday, 12.02pm Singapore Time

Philippines PSEi Index: 26 January 2014, Sunday, 12.02pm Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the Philippines PSEi Index.

+ Huge Distribution Triangle using 5519-5669 points for the operation
+ Orange Zone serve as ultimate warning
+ Market is awaiting the mark-down stage (plunging stage) in Philippines
+ Emerging Markets are expected to sell off violently as per warned to get out in Nov-Dec of 2013
+ Also warned that 2014 will be welcomed with huge sell-downs
+ At best, Philippines will use 2014 to just merely consolidate; at worst, it will have a major selling in 2014 to break down 5519-5669 points band. If this band breaks, floodgates for accelerated sell-off will trigger.

All illustrations above are self-explanatory. 

5519-5669 points is the critical support that is expected to be broken down for mark-down stage.
The above bearish market structure will be negated only if the orange zone upper limit of 6700 points is captured convincingly; if 6700 points is re-captured, Philippines will continue a bull. Otherwise, PSEi and Philippines stocks should be regarded as Bearish-bias/Bearish-lookng and to sell/get-out on rebounds.

Emerging Markets:
Bearish



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Friday, 24 January 2014

Market Forecast Update: 24 January 2014, Friday, 11.59pm Singapore Time


Market Forecast Update:
24 January 2014, Friday, 11.59pm Singapore Time

THE SUPER SELL OFF STORM IS HERE.

My Spain IBEX Shorts, Hang Seng Index Shorts, Nikkei-225 Shorts,
France CAC40 Shorts, Euro STOXX 50, MSCI Singapore (SiMSCI),
Singapore Property Stocks Shorts, AUDUSD Shorts,
 are on Full House Royal Flush.

My Gold is also going up per anticipated.

Left with only USDJPY and EURUSD to give me green profits.

This is the selling storm which I had been alerting based on my Totality Analysis.

Rampant Selling.
Rampant Profits.

The sell off is still far from finished.
There is still much more downside to go.

It took November and December of 2013 to store this entire rain as warned beforehand.
There is so much rain to shower down. A rainstorm.
Those without umbrellas will be extremely wet and drenched, and burnt.


Related (Live Analysis):
Spain IBEX Index: http://donovan-ang.blogspot.sg/search/label/IBEX
Hong Kong Hang Seng Index: http://donovan-ang.blogspot.sg/search/label/Hang%20Seng%20Index
Nikkei-225: http://donovan-ang.blogspot.sg/search/label/Nikkei
France CAC40 Index: http://donovan-ang.blogspot.sg/search/label/CAC40%20Index
Euro STOXX 50: http://donovan-ang.blogspot.sg/2013/12/europe-stoxx-50-index-2-december-2013.html
MSCI Singapore: http://donovan-ang.blogspot.sg/search/label/MSCI%20Singapore
Australia ASX All Ord Index: http://donovan-ang.blogspot.sg/2013/12/australia-asx-all-ord-index-2-december.html

AUDUSD: http://donovan-ang.blogspot.sg/2013/05/aud-usd-technical-analysis-24-may-2013.html

Gold: http://donovan-ang.blogspot.sg/2014/01/gold-1-january-2014-wednesday-1220am.html


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Market Forecast Update: 24 January 2014, Friday, 5.40pm Singapore Time

Market Forecast Update:
24 January 2014, Friday, 5.40pm Singapore Time


Donovan Norfolk Ang's Thought Processes:

For those who missed the optimal shorting points, in my opinion if I were you, I would be targeting my shorts on France because:

1. France CAC40 Index has not really been shot down much yet. 

2. France is marching towards Socialist policies, and in my opinion, it is not too good for French economy in the coming future. You need to think like the Big Hands and Smart Money and be forward looking. 

3. French debts are high and economic growth remains anemic.

4. France-Germany Yield is widening as French Growth Trails Peers

5. My point 2 and point 4 are related. Link them together.

France CAC40 Index currently: 4262 points


ALL PREVIOUS ANALYSES ON FRENCH STOCKS MARKET:



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Funds Flow Analysis (FFA): 24 January 2014, Friday, 3.25pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
24 January 2014, Friday, 3.25pm Singapore Time
Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
24 January 2014, Friday

Broad Markets / Big Markets / Big Wind Directions

European markets are 35 minutes away from opening for trading, while US markets (Dow, S&P500 and NASDAQ) are 7 hours 05 minutes away from opening for trading. 

Based on current latest computational results, Holdings Index Strength of Big Hands changed from -9.871 to -5.771  in strength on the Donovan Norfolk Funds Flow Index Oscillator. On the other front, Big Hands' Puts Holdings on hand changed from -2.339 to -1.862 in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

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

+ 16th trading day of 2014:
+ Big Hands covered around 40% of shorts holdings on an overnight US market plunging day.
+ Big Hands still Shorts in Holdings.
+ Big Hands covered some bearish puts today too.
+ Big Hands are dual longs for today; however, holding positions still bearish biased.
+ Worldwide markets could be executing a 1-2 days' technical rebound within a mid term downwave now.
+ This serves as creation of noise too.
+ Note 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.
+ Be extremely cautious of the stocks and equities markets worldwide.
+ Expect whipsaws and volatility now.

+ Markets are still bearish biased in the mid-term despite possible 1-2 days' technical rebound.
+ In essence, sell on rebounds, or SHORT on rebounds. Run first, talk later.

+ 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.
+ 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:

+ The following are the mid term sell-off correction targets as per analysed since 9 weeks ago with some new 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
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 

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

13. NZDUSD: 
0.81000 ---> TARGET HIT ON 29 NOV 2013
and
0.79000 as second target

14. AUDUSD
0.85000 as first target
and 
0.81000 as second target

15. USDCAD
1.15000 as target

16. AUD, NZD, EUR, GBP, CAD, CHF will generally be weak until the corrections end while JPY will be strong (ie USDJPY weak)

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

18. 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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