{"id":127,"date":"2011-08-09T02:52:52","date_gmt":"2011-08-09T06:52:52","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=127"},"modified":"2011-08-09T02:52:52","modified_gmt":"2011-08-09T06:52:52","slug":"strong-bounce-in-korea-taiwan","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/","title":{"rendered":"Strong bounce in Korea, Taiwan"},"content":{"rendered":"<p>What appears to be strong institutional buying caused a strong bounce across a slew of Asia-Pacific markets. Long tails and a sharp spike in volume indicate buying support and a rally to test resistance (at 410 on $KRDOW).<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png?w=525&#038;ssl=1\" alt=\"Dow Jones South Korea Index\" \/><\/p>\n<p>The Dow Jones Taiwan Index shows an even stronger <a href=\"https:\/\/www.incrediblecharts.com\/technical\/open-close_reversal.php\">open-close reversal signal<\/a> accompanied by big volume.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-tw.png?w=525&#038;ssl=1\" alt=\"Dow Jones Taiwan Index\" \/><\/p>\n<p>This is stronger than shorts taking profits or a few hooray Henrys snapping up bargains. The large volumes are indicative of institutions with deep pockets. Expect a decent rally, but it is likely to eventually fail. Not even Asian tigers are immune from a dead cat bounce &mdash; and bear markets take months to resolve, not just a few days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What appears to be strong institutional buying caused a strong bounce across a slew of Asia-Pacific markets. Long tails and a sharp spike in volume indicate buying support and a rally to test resistance (at 410 on $KRDOW). The Dow Jones Taiwan Index shows an even stronger open-close reversal signal accompanied by big volume. This &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Strong bounce in Korea, Taiwan&#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":[17],"tags":[],"class_list":["post-127","post","type-post","status-publish","format-standard","hentry","category-japan-korea"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Strong bounce in Korea, Taiwan - 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=\"Strong bounce in Korea, Taiwan - the patient investor\" \/>\n<meta property=\"og:description\" content=\"What appears to be strong institutional buying caused a strong bounce across a slew of Asia-Pacific markets. Long tails and a sharp spike in volume indicate buying support and a rally to test resistance (at 410 on $KRDOW). The Dow Jones Taiwan Index shows an even stronger open-close reversal signal accompanied by big volume. This &hellip; Continue reading &quot;Strong bounce in Korea, Taiwan&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-09T06:52:52+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Strong bounce in Korea, Taiwan\",\"datePublished\":\"2011-08-09T06:52:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/\"},\"wordCount\":118,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png\",\"articleSection\":[\"Japan &amp; Korea\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/\",\"name\":\"Strong bounce in Korea, Taiwan - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png\",\"datePublished\":\"2011-08-09T06:52:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Strong bounce in Korea, Taiwan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Long tails and a sharp spike in volume indicate buying support and a rally to test resistance (at 410 on $KRDOW). The Dow Jones Taiwan Index shows an even stronger open-close reversal signal accompanied by big volume. This &hellip; Continue reading \"Strong bounce in Korea, Taiwan\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2011-08-09T06:52:52+00:00","og_image":[{"url":"http:\/\/static.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png","type":"","width":"","height":""}],"author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"Strong bounce in Korea, Taiwan","datePublished":"2011-08-09T06:52:52+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/"},"wordCount":118,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png","articleSection":["Japan &amp; Korea"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/","name":"Strong bounce in Korea, Taiwan - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png","datePublished":"2011-08-09T06:52:52+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png","contentUrl":"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-ko.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/strong-bounce-in-korea-taiwan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Strong bounce in Korea, Taiwan"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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If we look at 2008, the Dow broke primary support at 12800 in January, falling sharply before encountering strong buying support at 12000, signaled by weekly volume\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":"","src":"","width":0,"height":0},"classes":[]},{"id":248,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/15\/what-a-real-bounce-looks-like\/","url_meta":{"origin":127,"position":1},"title":"What a real bounce looks like","author":"ColinTwiggs","date":"August 15, 2011","format":false,"excerpt":"Question from Flint: If this is an example of a dead cat bounce then what would we look for in a real bounce... . The best example I can find is the mini-crash of October 1997. The Dow gapped down sharply following a fall in Asian markets, but met with\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":"","src":"","width":0,"height":0},"classes":[]},{"id":241,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/15\/japan-korea-uncertain\/","url_meta":{"origin":127,"position":2},"title":"Japan, Korea hesitate","author":"ColinTwiggs","date":"August 15, 2011","format":false,"excerpt":"The Dow Jones Japan Index ($JPDOW) formed a small pennant consolidation, favoring continuation of the down-trend. Follow-through below 50.50 would confirm, whereas recovery above 52.00 would indicate retracement to test 53.30. 21-Day Twiggs Money Flow deep below zero warns of strong selling pressure. * Target calculation: 54 - ( 58\u2026","rel":"","context":"In &quot;Japan &amp; Korea&quot;","block_context":{"text":"Japan &amp; Korea","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/japan-korea\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31594,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/03\/21\/global-markets-bounce\/","url_meta":{"origin":127,"position":3},"title":"Global markets and 5 key risks","author":"Colin Twiggs","date":"March 21, 2022","format":false,"excerpt":"10-Year Treasury yields continue to climb, with a medium-term target of 3.25% -- the 2018 high. The S&P 500 recovered above former primary support at 4300. The bear market continues but breakout above resistance at 4600 would suggest a false signal. Rising 21-day Volatility continues to warn of elevated risk.\u2026","rel":"","context":"In &quot;Copper&quot;","block_context":{"text":"Copper","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/commodities-gold-commodities\/copper\/"},"img":{"alt_text":"10-Year Treasury Yield","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-21-10y.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-21-10y.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-03-21-10y.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":4637,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/18\/sp-500-and-dowcorrection-is-over\/","url_meta":{"origin":127,"position":4},"title":"S&#038;P 500 and Dow: correction is over","author":"Colin Twiggs","date":"June 18, 2012","format":false,"excerpt":"The S&P 500 closed Friday above resistance at 1340, confirming the bullish divergence on 21-day Twiggs Money Flow (hat tip johnb). Expect retracement to test the new support level, followed by a rally to the March\/April high of 1420. Wait for breakout on the Nasdaq 100 to confirm the Dow\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":"","src":"","width":0,"height":0},"classes":[]},{"id":130,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/asx-closes-in-positive-territory\/","url_meta":{"origin":127,"position":5},"title":"ASX closes in positive territory","author":"ColinTwiggs","date":"August 9, 2011","format":false,"excerpt":"The ASX 200 closed in positive territory for the day, accompanied by strong volumes indicative of today's institutional buying across the Asia-Pacific region. Expect a dead cat bounce \u2014 a rally to re-test resistance levels \u2014 but the bear market is not miraculously over and may take several months to\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/127","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=127"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/127\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}