{"id":13270,"date":"2016-05-12T02:32:18","date_gmt":"2016-05-12T06:32:18","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=13270"},"modified":"2016-05-12T02:32:18","modified_gmt":"2016-05-12T06:32:18","slug":"sp-500-hesitates-at-the-last-hurdle","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/12\/sp-500-hesitates-at-the-last-hurdle\/","title":{"rendered":"S&#038;P 500 hesitates at the last hurdle"},"content":{"rendered":"<p>Several weeks ago I wrote that the S&amp;P 500 would struggle to break the band of resistance at 2100 to 2130. Tuesday&#8217;s strong blue candle made me hesitate but sellers showed up on Wednesday and restored my faith. Money Flow is declining and reversal below 2040 would confirm another correction. But breakout above the descending trendline on 21-day Twiggs Money Flow would still warn that all bets are off.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" width=\"525\" height=\"363\" title=\"S&amp;P 500 Index\" alt=\"S&amp;P 500 Index\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-05-12-spx.png?resize=525%2C363&#038;ssl=1\" \/><\/p>\n<p>A CBOE Volatility Index (VIX) at 15 indicates that (short-term) market risk is low.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" width=\"525\" height=\"363\" title=\"S&amp;P 500 VIX\" alt=\"S&amp;P 500 VIX\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-05-12-vix.png?resize=525%2C363&#038;ssl=1\" \/><\/p>\n<p>We have reduced cash levels in our S&amp;P 500 momentum portfolio as long-term risk measures have improved but there are still only 4 stocks (out of 500) that meet our selection criteria!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Several weeks ago I wrote that the S&amp;P 500 would struggle to break the band of resistance at 2100 to 2130. Tuesday&#8217;s strong blue candle made me hesitate but sellers showed up on Wednesday and restored my faith. Money Flow is declining and reversal below 2040 would confirm another correction. But breakout above the descending &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/12\/sp-500-hesitates-at-the-last-hurdle\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;S&#038;P 500 hesitates at the last hurdle&#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":[],"class_list":["post-13270","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-us-canada-countries-regions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>S&amp;P 500 hesitates at the last hurdle - 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=\"S&amp;P 500 hesitates at the last hurdle - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Several weeks ago I wrote that the S&amp;P 500 would struggle to break the band of resistance at 2100 to 2130. Tuesday&#8217;s strong blue candle made me hesitate but sellers showed up on Wednesday and restored my faith. Money Flow is declining and reversal below 2040 would confirm another correction. 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Tuesday&#8217;s strong blue candle made me hesitate but sellers showed up on Wednesday and restored my faith. Money Flow is declining and reversal below 2040 would confirm another correction. 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Breakout above 1900 would confirm. A 13-week Twiggs Money Flow above zero would signal long-term buying pressure. Reversal below 1850 is unlikely, but would warn of a test of primary support at 1750. *\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-05-01-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-05-01-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-05-01-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":8497,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/09\/30\/short-term-support-for-sp-500-but-long-term-bearish\/","url_meta":{"origin":13270,"position":1},"title":"Short-term support for S&#038;P 500 but long-term bearish","author":"ColinTwiggs","date":"September 30, 2013","format":false,"excerpt":"The September quarter-end often heralds a correction as fund managers re-balance their portfolios and shed under-performing stocks. The S&P 500 is testing support at the May high of 1675 on the daily chart. The long tail on Monday's candle indicates short-term buying support, but bearish divergence on 21-day Twiggs Money\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-10-01-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-10-01-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-10-01-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":21403,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/09\/05\/sp-500-retraces-3\/","url_meta":{"origin":13270,"position":2},"title":"S&#038;P 500 retraces","author":"Colin Twiggs","date":"September 5, 2020","format":false,"excerpt":"The S&P 500 retraced to test support at 3400. Bearish divergence on Twiggs Money Flow warns of selling pressure. Follow-through below the week's low of 3350 would signal a correction. The S&P 500 equal-weighted index (IQX) lags behind as gains have been concentrated in a handful of large tech stocks.\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":9499,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/03\/17\/sp-up-trend-still-healthy\/","url_meta":{"origin":13270,"position":3},"title":"S&#038;P up-trend still healthy","author":"ColinTwiggs","date":"March 17, 2014","format":false,"excerpt":"The S&P 500 retreated below support at 1850, warning of a correction, but the primary up-trend remains strong. Trend strength is depicted by this weekly chart of Ichimoku Cloud, with a buy signal at the start of 2013 and price holding high above a green cloud indicating trend strength. Bearish\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-17-spx-ichimoku.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-17-spx-ichimoku.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-17-spx-ichimoku.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":9440,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/03\/10\/sp-500-advance\/","url_meta":{"origin":13270,"position":4},"title":"S&#038;P 500 advance","author":"ColinTwiggs","date":"March 10, 2014","format":false,"excerpt":"The S&P 500 found support at 1850, signaling an advance to 1950*. Repeated troughs high above zero on 13-week Twiggs Money Flow indicate strong long-term buying pressure CBOE Volatility Index (VIX) below 15 continues to reflect low market risk typical of a bull market. The Nasdaq 100 respected support at\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-10-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-10-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-10-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":9008,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/01\/24\/the-correction-we-had-to-have\/","url_meta":{"origin":13270,"position":5},"title":"The correction we had to have","author":"ColinTwiggs","date":"January 24, 2014","format":false,"excerpt":"US markets were overdue for a correction and continuation of the advance for much longer would have resulted in instability, from an imbalance between buyers and sellers. At Research & Investment we do not attempt to time entries and exits on secondary corrections. Our research shows that this is expensive\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-01-25-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-01-25-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-01-25-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/13270","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=13270"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/13270\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=13270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=13270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=13270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}