{"id":10888,"date":"2014-09-16T01:27:33","date_gmt":"2014-09-16T05:27:33","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=10888"},"modified":"2014-09-16T01:27:33","modified_gmt":"2014-09-16T05:27:33","slug":"canada-tsx-threatens-breakout","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/16\/canada-tsx-threatens-breakout\/","title":{"rendered":"Canada: TSX threatens breakout"},"content":{"rendered":"<p>Canada&#8217;s TSX 60 consolidating in a narrow range below resistance at the 2008 high of 900 is a  bullish sign. Breakout would offer a medium-term target of 935*. 13-Week Twiggs Money Flow oscillating high above zero indicates healthy buying pressure. Reversal below 890 would warn of a test of support at 865\/870, but penetration of the rising trendline is unlikely.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" width=\"525\" height=\"363\" title=\"TSX 60\" alt=\"TSX 60\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-09-16-tsx.png?resize=525%2C363&#038;ssl=1\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;color:#999999;\">* Target calculation: 900 + ( 900 &#8211; 865 ) = 935<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada&#8217;s TSX 60 consolidating in a narrow range below resistance at the 2008 high of 900 is a bullish sign. Breakout would offer a medium-term target of 935*. 13-Week Twiggs Money Flow oscillating high above zero indicates healthy buying pressure. Reversal below 890 would warn of a test of support at 865\/870, but penetration of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/16\/canada-tsx-threatens-breakout\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Canada: TSX threatens breakout&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[57,34],"tags":[3503],"class_list":["post-10888","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-us-canada-countries-regions","tag-tsx-60"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canada: TSX threatens breakout - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canada: TSX threatens breakout - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Canada&#8217;s TSX 60 consolidating in a narrow range below resistance at the 2008 high of 900 is a bullish sign. Breakout would offer a medium-term target of 935*. 13-Week Twiggs Money Flow oscillating high above zero indicates healthy buying pressure. 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Decline of Twiggs Trend Index below zero would strengthen the signal. Immediate target for the decline is 865*. * Target calculation: 900 - ( 935 - 900 ) = 865","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10961,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/23\/canada-tsx-60-correction\/","url_meta":{"origin":10888,"position":1},"title":"Canada: TSX 60 correction","author":"ColinTwiggs","date":"September 23, 2014","format":false,"excerpt":"Canada's TSX 60 broke short-term support at 890, warning of a correction. Respect of support at 865 would confirm that the primary trend is intact, while failure would indicate weakness. Reversal of 13-week Twiggs Momentum below zero is unlikely, but would warn of reversal to a (primary) down-trend. * Target\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"TSX 60","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-09-22-tsx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-09-22-tsx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-09-22-tsx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":15635,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/07\/21\/around-the-markets-hong-kong-india-bullish\/","url_meta":{"origin":10888,"position":2},"title":"Around the markets: Hong Kong &#038; India bullish","author":"ColinTwiggs","date":"July 21, 2017","format":false,"excerpt":"Canada's TSX 60 continues to test resistance at the former primary support level of 900. Bearish divergence on Twiggs Money Flow warns of strong selling pressure. Decline below 880 would confirm a primary down-trend, with an initial target of 865*. * Target calculation: 900 - ( 935 - 900 )\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15606,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/07\/14\/round-the-world-india-hong-kong-advance-canada-falters\/","url_meta":{"origin":10888,"position":3},"title":"Round the world: India &#038; Hong Kong advance, Canada falters","author":"ColinTwiggs","date":"July 14, 2017","format":false,"excerpt":"Canada's TSX 60 retraced to test resistance at the former primary support level of 900. Respect is likely and would signal a bear market. Decline of Twiggs Money Flow\/Trend Index below zero would strengthen the bear signal. Medium-term target for the decline is 865*. * Target calculation: 900 - (\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10595,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/11\/canada-tsx-60-21\/","url_meta":{"origin":10888,"position":4},"title":"Canada: TSX 60","author":"ColinTwiggs","date":"August 11, 2014","format":false,"excerpt":"Canada's TSX 60 continues to test support at 865\/870. Rising 13-week Twiggs Money Flow indicates strong buying pressure. Respect of the primary trendline would suggest another primary advance. Breakout above the 2008 high of 900 would confirm. Penetration of the rising trendline is unlikely, but would warn of trend weakness\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"TSX 60","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-08-12-tsx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-08-12-tsx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-08-12-tsx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":11280,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/11\/04\/canada-tsx-60-finds-resistance\/","url_meta":{"origin":10888,"position":5},"title":"Canada: TSX 60 finds resistance","author":"ColinTwiggs","date":"November 4, 2014","format":false,"excerpt":"Canada's TSX 60 rallied to 850 before finding resistance. Reversal below 820 would warn of a primary down-trend. Retreat of 13-week Twiggs Momentum below zero would strengthen the bear signal. Follow-through of the index above 865 is less likely, but would indicate another test of 900.","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"TSX 60","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-11-04-tsx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-11-04-tsx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-11-04-tsx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/10888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=10888"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/10888\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=10888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=10888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=10888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}