{"id":14345,"date":"2016-10-14T21:09:48","date_gmt":"2016-10-15T01:09:48","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=14345"},"modified":"2016-10-14T21:09:48","modified_gmt":"2016-10-15T01:09:48","slug":"footsie-runs-into-strong-resistance","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2016\/10\/14\/footsie-runs-into-strong-resistance\/","title":{"rendered":"Footsie runs into strong resistance"},"content":{"rendered":"<p>The FTSE 100 has run into stubborn long-term resistance at 7000\/7100. Declining Twiggs Money warns of selling pressure. Follow-through below the last two weeks&#8217; lows would warn of a correction to test 6500.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" title=\"FTSE 100\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-10-15-ftse.png?w=525&#038;ssl=1\" alt=\"FTSE 100\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FTSE 100 has run into stubborn long-term resistance at 7000\/7100. Declining Twiggs Money warns of selling pressure. Follow-through below the last two weeks&#8217; lows would warn of a correction to test 6500.<\/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":[57,33],"tags":[1481],"class_list":["post-14345","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-uk-europe-countries-regions","tag-ftse-100"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Footsie runs into strong resistance - 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=\"Footsie runs into strong resistance - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The FTSE 100 has run into stubborn long-term resistance at 7000\/7100. Declining Twiggs Money warns of selling pressure. Follow-through below the last two weeks&#8217; lows would warn of a correction to test 6500.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2016\/10\/14\/footsie-runs-into-strong-resistance\/\" \/>\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=\"2016-10-15T01:09:48+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2016\/2016-10-15-ftse.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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Footsie runs into strong resistance\",\"datePublished\":\"2016-10-15T01:09:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/\"},\"wordCount\":35,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2016\\\/2016-10-15-ftse.png\",\"keywords\":[\"FTSE 100\"],\"articleSection\":[\"Stock Markets\",\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/\",\"name\":\"Footsie runs into strong resistance - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2016\\\/2016-10-15-ftse.png\",\"datePublished\":\"2016-10-15T01:09:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2016\\\/2016-10-15-ftse.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2016\\\/2016-10-15-ftse.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/14\\\/footsie-runs-into-strong-resistance\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Footsie runs into strong resistance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Declining Twiggs Money warns of selling pressure. Retreat below 6950 would warn of a correction to test 6500. The quarterly chart below shows the FTSE 100 first tested 7000 resistance in December 1999, reaching a high of 6950, and has struggled\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5820,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/23\/europe-and-ftse-testing-resistance\/","url_meta":{"origin":14345,"position":1},"title":"Europe and FTSE testing resistance","author":"Colin Twiggs","date":"October 23, 2012","format":false,"excerpt":"Dow Jones Europe Index continues to consolidate between 250 and 265, testing primary resistance. Upward breakout would signal a primary advance to the 2011 high at 310. A 63-day Twiggs Momentum trough above zero would strengthen the signal.\u00a0 Reversal below 250, however, would warn of another correction. * Target calculation:\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":8402,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/09\/09\/ftse-dax-face-stubborn-resistance\/","url_meta":{"origin":14345,"position":2},"title":"FTSE &#038; DAX face stubborn resistance","author":"ColinTwiggs","date":"September 9, 2013","format":false,"excerpt":"The FTSE 100 followed-through above initial resistance at 6500, indicating another test of 6700\/6750. Breakout above 6750 would offer a target of 7500*, but bearish 13-week Twiggs Money Flow continues to warn of selling pressure. Reversal below 6400 would warn of a test of primary support at 6000. * 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":"","src":"","width":0,"height":0},"classes":[]},{"id":839,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/dax-key-reversal-ftse-rally-fades\/","url_meta":{"origin":14345,"position":3},"title":"DAX key reversal; FTSE rally fades","author":"ColinTwiggs","date":"September 19, 2011","format":false,"excerpt":"Germany's DAX Index shows a strong key reversal [R] on the weekly chart. Expect a rally, but we are in a bear market and resistance at 6500 is likely to hold. Reversal below 5400 would warn of another down-swing. * Target calculation: 5500 - ( 6500 - 5500 ) =\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":2602,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/12\/ftse-100-uncertainty\/","url_meta":{"origin":14345,"position":4},"title":"FTSE 100 uncertainty","author":"ColinTwiggs","date":"December 12, 2011","format":false,"excerpt":"The FTSE 100 encountered resistance at 5600, respecting the descending trendline. David Cameron's veto of the EU treaty proposal is likely to inject further uncertainty -- and another test of medium-term support at 5050. 13-Week Twiggs Money Flow is reasonably strong but, again, we need to allow a few weeks\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":6937,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/europe-ftse-and-european-markets-rising\/","url_meta":{"origin":14345,"position":5},"title":"Europe: FTSE and European markets rising","author":"Colin Twiggs","date":"March 12, 2013","format":false,"excerpt":"The FTSE 100 broke out from its rising flag on the weekly chart and is headed for a test of resistance between 6800* (the high from 2007) and 7000 (from 1999). Rising 13-week Twiggs Momentum indicates strong buying pressure. * Target calculation: 6400 + ( 6400 - 6000 ) =\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":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/14345","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=14345"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/14345\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=14345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=14345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=14345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}