{"id":14385,"date":"2016-10-22T20:17:50","date_gmt":"2016-10-23T00:17:50","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=14385"},"modified":"2016-10-22T20:17:50","modified_gmt":"2016-10-23T00:17:50","slug":"india-sensex-correction-likely","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2016\/10\/22\/india-sensex-correction-likely\/","title":{"rendered":"India: Sensex correction likely"},"content":{"rendered":"<p>India&#8217;s Sensex is consolidating above support at 27600 after breaking below its trend channel. Bearish divergence on Twiggs Money Flow warns of long-term selling pressure. Breach of 27600 is likely and would signal a correction to 26000.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" title=\"SENSEX\" alt=\"SENSEX\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2016\/2016-10-22-bse.png?w=525&#038;ssl=1\" \/> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s Sensex is consolidating above support at 27600 after breaking below its trend channel. Bearish divergence on Twiggs Money Flow warns of long-term selling pressure. Breach of 27600 is likely and would signal a correction to 26000.<\/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":[12,57],"tags":[507],"class_list":["post-14385","post","type-post","status-publish","format-standard","hentry","category-india-singapore-countries-regions","category-stock-markets","tag-bse-sensex"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>India: Sensex correction likely - 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=\"India: Sensex correction likely - the patient investor\" \/>\n<meta property=\"og:description\" content=\"India&#8217;s Sensex is consolidating above support at 27600 after breaking below its trend channel. Bearish divergence on Twiggs Money Flow warns of long-term selling pressure. Breach of 27600 is likely and would signal a correction to 26000.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2016\/10\/22\/india-sensex-correction-likely\/\" \/>\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=\"2016-10-23T00:17:50+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2016\/2016-10-22-bse.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\\\/22\\\/india-sensex-correction-likely\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"India: Sensex correction likely\",\"datePublished\":\"2016-10-23T00:17:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/\"},\"wordCount\":38,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2016\\\/2016-10-22-bse.png\",\"keywords\":[\"BSE Sensex\"],\"articleSection\":[\"India &amp; Singapore\",\"Stock Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/\",\"name\":\"India: Sensex correction likely - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2016\\\/2016-10-22-bse.png\",\"datePublished\":\"2016-10-23T00:17:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2016\\\/2016-10-22-bse.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2016\\\/2016-10-22-bse.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/10\\\/22\\\/india-sensex-correction-likely\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"India: Sensex correction likely\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Breach would signal a correction. Bearish divergence on Twiggs Money Flow warns of long-term selling pressure. Breakout below 27600 is likely and would warn of a test of 26000.","rel":"","context":"In &quot;India &amp; Singapore&quot;","block_context":{"text":"India &amp; Singapore","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/india-singapore-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14417,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/10\/28\/india\/","url_meta":{"origin":14385,"position":1},"title":"India","author":"ColinTwiggs","date":"October 28, 2016","format":false,"excerpt":"India's Sensex continues to consolidating above support at 27600 after breaking below its trend channel. Bearish divergence on Twiggs Money Flow warns of long-term selling pressure. Breach of 27600 remains likely and would signal a correction to 26000.","rel":"","context":"In &quot;India &amp; Singapore&quot;","block_context":{"text":"India &amp; Singapore","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/india-singapore-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14428,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/11\/02\/india-sensex-breaks-support\/","url_meta":{"origin":14385,"position":2},"title":"India: Sensex breaks support","author":"ColinTwiggs","date":"November 2, 2016","format":false,"excerpt":"India's Sensex broke support at 27600, after breaking below its trend channel, warning of a correction to 26000. Bearish divergence on Twiggs Money Flow indicates long-term selling pressure. Some would argue that the target should be 25000, the low of September 2015. The recent primary down-trend (March 2015 to February\u2026","rel":"","context":"In &quot;India &amp; Singapore&quot;","block_context":{"text":"India &amp; Singapore","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/india-singapore-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14288,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/10\/08\/indias-sensex-hesitates\/","url_meta":{"origin":14385,"position":3},"title":"India&#8217;s Sensex hesitates","author":"ColinTwiggs","date":"October 8, 2016","format":false,"excerpt":"India's Sensex broke below its trend channel, warning of a correction. The short inverted hammer (or gravestone) signals indecision. But bearish divergence on Twiggs Money Flow warns of long-term selling pressure. Breakout below 27600 is expected and would warn of a test of 26000.","rel":"","context":"In &quot;India &amp; Singapore&quot;","block_context":{"text":"India &amp; Singapore","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/india-singapore-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14222,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/09\/24\/india-sensex-spinning-tops\/","url_meta":{"origin":14385,"position":4},"title":"India: Sensex spinning tops","author":"ColinTwiggs","date":"September 24, 2016","format":false,"excerpt":"India's Sensex is consolidating below medium-term resistance at 29000. Spinning tops and dojis signal indecision. Breakout above 29000 is likely and would test the 2015 highs at 30000. Expect strong resistance at 30000. Penetration of the lower trend channel would warn of a correction.","rel":"","context":"In &quot;India &amp; Singapore&quot;","block_context":{"text":"India &amp; Singapore","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/india-singapore-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11321,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/11\/10\/sensex-narrow-consolidation\/","url_meta":{"origin":14385,"position":5},"title":"Sensex narrow consolidation","author":"ColinTwiggs","date":"November 10, 2014","format":false,"excerpt":"India's Sensex displays narrow consolidation below resistance at 28000, suggesting continuation of the up-trend. Reversal below 27000 and the secondary trendline is less likely, but would warn of a correction. Troughs above zero on 13-week Twiggs Money Flow indicate buying pressure. * Target calculation: 28000 + ( 28000 - 27000\u2026","rel":"","context":"In &quot;India &amp; Singapore&quot;","block_context":{"text":"India &amp; Singapore","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/india-singapore-countries-regions\/"},"img":{"alt_text":"Sensex","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-11-10-bse.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-11-10-bse.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-11-10-bse.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/14385","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=14385"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/14385\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=14385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=14385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=14385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}