{"id":1650,"date":"2011-10-31T00:42:44","date_gmt":"2011-10-31T04:42:44","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1650"},"modified":"2011-10-31T00:42:44","modified_gmt":"2011-10-31T04:42:44","slug":"canada-tsx-60-3","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/","title":{"rendered":"Canada TSX 60"},"content":{"rendered":"<p>Canada&#8217;s TSX 60 index is headed for a test of resistance at 720\/730 on the weekly chart. Expect a retracement. Respect of the trendline would warn of another test of primary support. Breakout above the descending trendline would signal that the primary down-trend has weakened and a bottom is forming. A 13-week Twiggs Money Flow trough that respects the zero line would indicate strong buying pressure.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2011\/2011-10-31-ca.png?w=525&#038;ssl=1\" alt=\"TSX 60 Index\" \/><\/p>\n<p>* Target calculation: 720 + ( 720 &#8211; 640 ) = 800<\/p>\n<p style=\"text-align:right;\"><span style=\"color:#999999;\">* Target calculation: 720 + ( 720 &#8211; 640 ) = 800<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada&#8217;s TSX 60 index is headed for a test of resistance at 720\/730 on the weekly chart. Expect a retracement. Respect of the trendline would warn of another test of primary support. Breakout above the descending trendline would signal that the primary down-trend has weakened and a bottom is forming. A 13-week Twiggs Money Flow &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Canada TSX 60&#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":[2758,2759,3488,3504,3511],"class_list":["post-1650","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-us-canada-countries-regions","tag-primary-down-trend","tag-primary-support","tag-trendline","tag-tsx-60-index","tag-twiggs-money-flow"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canada TSX 60 - 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 60 - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Canada&#8217;s TSX 60 index is headed for a test of resistance at 720\/730 on the weekly chart. Expect a retracement. Respect of the trendline would warn of another test of primary support. Breakout above the descending trendline would signal that the primary down-trend has weakened and a bottom is forming. A 13-week Twiggs Money Flow &hellip; Continue reading &quot;Canada TSX 60&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/\" \/>\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=\"2011-10-31T04:42:44+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2011\/2011-10-31-ca.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\/2011\/10\/31\/canada-tsx-60-3\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Canada TSX 60\",\"datePublished\":\"2011-10-31T04:42:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/\"},\"wordCount\":72,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-ca.png\",\"keywords\":[\"primary down-trend\",\"primary support\",\"trendline\",\"TSX 60 Index\",\"Twiggs Money Flow\"],\"articleSection\":[\"Stock Markets\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/\",\"name\":\"Canada TSX 60 - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-ca.png\",\"datePublished\":\"2011-10-31T04:42:44+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-ca.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-ca.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Canada TSX 60\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Expect a retracement. Respect of the trendline would warn of another test of primary support. Breakout above the descending trendline would signal that the primary down-trend has weakened and a bottom is forming. A 13-week Twiggs Money Flow &hellip; Continue reading \"Canada TSX 60\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2011-10-31T04:42:44+00:00","og_image":[{"url":"http:\/\/static.incrediblecharts.com\/images\/2011\/2011-10-31-ca.png","type":"","width":"","height":""}],"author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"Canada TSX 60","datePublished":"2011-10-31T04:42:44+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/"},"wordCount":72,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-ca.png","keywords":["primary down-trend","primary support","trendline","TSX 60 Index","Twiggs Money Flow"],"articleSection":["Stock Markets","US &amp; Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/","name":"Canada TSX 60 - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-ca.png","datePublished":"2011-10-31T04:42:44+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-ca.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-ca.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/canada-tsx-60-3\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Canada TSX 60"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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Expect a rally to the descending trendline at 720. Respect would signal another test of primary support at 640. Breakout remains unlikely, but would offer a target of 800*. * 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":3303,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/17\/canada-tsx60\/","url_meta":{"origin":1650,"position":1},"title":"Canada: TSX60","author":"ColinTwiggs","date":"January 17, 2012","format":false,"excerpt":"The TSX 60 broke its descending long-term trendline, suggesting that the index is forming a base. Rising 13-week Twiggs Money Flow signals buying pressure. Breakout above 720 would signal the start of a primary up-trend. * Target calculation: 720 + ( 720 - 640 ) = 800","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":1888,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/14\/canada-tsx-60-5\/","url_meta":{"origin":1650,"position":2},"title":"Canada TSX 60","author":"ColinTwiggs","date":"November 14, 2011","format":false,"excerpt":"Canada's TSX 60 index is consolidating between 680 and 720. Upward breakout would penetrate the descending trendline, indicating that the primary down-trend is weakening. A 13-week Twiggs Money Flow trough that respects the zero line would signal a primary up-trend. Reversal below 680, however, would warn of another test of\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":3332,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/23\/canada-brazil-and-south-africa\/","url_meta":{"origin":1650,"position":3},"title":"Canada, Brazil and South Africa","author":"ColinTwiggs","date":"January 23, 2012","format":false,"excerpt":"Resources markets are recovering, with Canada's TSX 60 index testing resistance at 715 after breaching the descending trendline. Breakout would complete a higher trough, signaling a primary up-trend. Target for the initial advance would be 800*. Rising 13-week Twiggs Money Flow indicates buying pressure. * Target calculation: 720 + (\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1800,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/canada-tsx-60-4\/","url_meta":{"origin":1650,"position":4},"title":"Canada TSX 60","author":"ColinTwiggs","date":"November 7, 2011","format":false,"excerpt":"The TSX 60 is testing the band of resistance from 720 to 730 and the descending trendline. Upward breakout would indicate that the primary down-trend is weakening, while respect would warn of another test of primary support. The sharp rise on 13-week Twiggs Money Flow indicates buying pressure, but there\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":5106,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/07\/canada-tsx60-rising-broadening-wedge\/","url_meta":{"origin":1650,"position":5},"title":"Canada: TSX60 rising broadening wedge","author":"Colin Twiggs","date":"August 7, 2012","format":false,"excerpt":"The TSX 60 continues in a rising broadening wedge consolidation rather than a trend channel. Thomas Bulkowski observes that these formations end with a downward breakout 73 per cent of the time. That would threaten primary support at 640 and a decline to 600*. A 13-week Twiggs Money Flow trough\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\/1650","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=1650"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1650\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}