{"id":1658,"date":"2011-10-31T01:49:06","date_gmt":"2011-10-31T05:49:06","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1658"},"modified":"2024-04-18T05:53:05","modified_gmt":"2024-04-18T05:53:05","slug":"australia-retraces-to-find-support","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/","title":{"rendered":"Australia retraces to find support"},"content":{"rendered":"<p>The ASX 200 broke out above its descending trendline &#8212; warning that the down-trend was ending &#8212; but ran into selling pressure. <a title=\"Bearish Divergence\" href=\"https:\/\/www.incrediblecharts.com\/indicators\/indicator_basics.php#divergence\" target=\"_blank\" rel=\"noopener\">Bearish divergence<\/a> on 21-day Twiggs Money Flow confirms the tall <a title=\"Candlestick Shadow\" href=\"https:\/\/www.incrediblecharts.com\/candlestick_patterns\/candlestick-patterns.php#candlestick_shadow_tail\" target=\"_blank\" rel=\"noopener\">shadow<\/a> on Friday&#8217;s candle. Respect of support at 4100 would suggest a primary up-trend, while failure would re-test primary support at 3850.<\/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-xjo.png?w=525&#038;ssl=1\" alt=\"ASX 200 Index\" \/><\/p>\n<p style=\"text-align:right;\"><span style=\"color:#999999;\">* Target calculation: 4300 + ( 4300 &#8211; 3900 ) = 4700<\/span><\/p>\n<p>Support levels are clearer on the weekly chart.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2011\/2011-11-01-xjo.png?w=525&#038;ssl=1\" alt=\"ASX 200 Index Weekly\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ASX 200 broke out above its descending trendline &#8212; warning that the down-trend was ending &#8212; but ran into selling pressure. Bearish divergence on 21-day Twiggs Money Flow confirms the tall shadow on Friday&#8217;s candle. Respect of support at 4100 would suggest a primary up-trend, while failure would re-test primary support at 3850. * &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australia retraces to find support&#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":[40],"tags":[255,404,2759,3488,3511],"class_list":["post-1658","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","tag-asx-200-index","tag-bearish-divergence","tag-primary-support","tag-trendline","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>Australia retraces to find support - the patient investor<\/title>\n<meta name=\"description\" content=\"The ASX 200 broke out above its descending trendline warning that the down-trend was ending but ran into selling pressure.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia retraces to find support - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The ASX 200 broke out above its descending trendline warning that the down-trend was ending but ran into selling pressure.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/\" \/>\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=\"2011-10-31T05:49:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-18T05:53:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-xjo.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\/10\/31\/australia-retraces-to-find-support\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Australia retraces to find support\",\"datePublished\":\"2011-10-31T05:49:06+00:00\",\"dateModified\":\"2024-04-18T05:53:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/\"},\"wordCount\":67,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-xjo.png\",\"keywords\":[\"ASX 200 Index\",\"bearish divergence\",\"primary support\",\"trendline\",\"Twiggs Money Flow\"],\"articleSection\":[\"Australia &amp; NZ\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/\",\"name\":\"Australia retraces to find support - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-xjo.png\",\"datePublished\":\"2011-10-31T05:49:06+00:00\",\"dateModified\":\"2024-04-18T05:53:05+00:00\",\"description\":\"The ASX 200 broke out above its descending trendline warning that the down-trend was ending but ran into selling pressure.\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-xjo.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-xjo.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australia retraces to find support\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thepatientinvestor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\",\"https:\/\/www.instagram.com\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\",\"name\":\"ColinTwiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"caption\":\"ColinTwiggs\"},\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Australia retraces to find support - the patient investor","description":"The ASX 200 broke out above its descending trendline warning that the down-trend was ending but ran into selling pressure.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/","og_locale":"en_US","og_type":"article","og_title":"Australia retraces to find support - the patient investor","og_description":"The ASX 200 broke out above its descending trendline warning that the down-trend was ending but ran into selling pressure.","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2011-10-31T05:49:06+00:00","article_modified_time":"2024-04-18T05:53:05+00:00","og_image":[{"url":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-xjo.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\/10\/31\/australia-retraces-to-find-support\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"Australia retraces to find support","datePublished":"2011-10-31T05:49:06+00:00","dateModified":"2024-04-18T05:53:05+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/"},"wordCount":67,"commentCount":2,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-xjo.png","keywords":["ASX 200 Index","bearish divergence","primary support","trendline","Twiggs Money Flow"],"articleSection":["Australia &amp; NZ"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/","name":"Australia retraces to find support - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-xjo.png","datePublished":"2011-10-31T05:49:06+00:00","dateModified":"2024-04-18T05:53:05+00:00","description":"The ASX 200 broke out above its descending trendline warning that the down-trend was ending but ran into selling pressure.","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-xjo.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-31-xjo.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/31\/australia-retraces-to-find-support\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Australia retraces to find support"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5","name":"ColinTwiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","caption":"ColinTwiggs"},"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-qK","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":2250,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/21\/asx-200-threatens-support-2\/","url_meta":{"origin":1658,"position":0},"title":"ASX 200 threatens support","author":"ColinTwiggs","date":"November 21, 2011","format":false,"excerpt":"The ASX 200 index is testing medium-term support at 4150. Bearish divergence on 21-day Twiggs Money Flow warns of selling pressure. Failure of support would test the primary level at 3850. * Target calculation: 3900 - ( 4300 \u2212 3900 ) = 3500 A weekly chart of the All Ords\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":[]},{"id":10552,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/06\/asx-200-faces-3-major-factors\/","url_meta":{"origin":1658,"position":1},"title":"ASX 200 faces 3 major factors","author":"ColinTwiggs","date":"August 6, 2014","format":false,"excerpt":"The ASX 200 found short-term support, with a long tail at 5500, but there are no significant volumes to indicate a concentration of buyers. Expect further weakness unless the Dow and S&P 500 reverse direction overnight. The monthly chart below portrays a long-term view, from 2007 to the present. Three\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":"ASX 200","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-08-06-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-08-06-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-08-06-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":7803,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/05\/27\/shanghai-rising-but-nikkei-asx-selling-pressure\/","url_meta":{"origin":1658,"position":2},"title":"Shanghai rising but Nikkei, ASX selling pressure","author":"ColinTwiggs","date":"May 27, 2013","format":false,"excerpt":"Germany's DAX is retracing to test the new support level at 8000. Respect would confirm a primary advance, but bearish divergence on 13-week Twiggs Money Flow warns of selling pressure -- a fall below zero would warn of a reversal. Breach of 8000 would test the rising trendline around 7500.\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":[]},{"id":7937,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/06\/25\/asx-and-asian-selling-pressure\/","url_meta":{"origin":1658,"position":3},"title":"ASX and Asian selling pressure","author":"ColinTwiggs","date":"June 25, 2013","format":false,"excerpt":"Japan's Nikkei 225 Index respected support at 12500 and its long-term rising trendline, but another test is likely in the week ahead.\u00a0 Follow-through above 13500 would indicate the correction is over, suggesting a re-test of resistance at 16000. Breach of 12500, however, is more likely, with bearish divergence on 13-week\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":[]},{"id":22213,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/10\/24\/asx-200-meets-resistance-2\/","url_meta":{"origin":1658,"position":4},"title":"ASX 200 meets resistance","author":"Colin Twiggs","date":"October 24, 2020","format":false,"excerpt":"The ASX 200 met resistance at 6200, signaled by narrow ranges and declining Money Flow. Expect another test of support at 5800. Breach would warn of a primary decline, with support at 4500. The ASX 300 Banks index similarly found resistance at 6000, with narrow ranges indicating short-term selling pressure.\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":[]},{"id":7880,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/06\/04\/nikkei-asx-find-support-but-india-china-weaken\/","url_meta":{"origin":1658,"position":5},"title":"Nikkei, ASX find support but India &#038; China weaken","author":"ColinTwiggs","date":"June 4, 2013","format":false,"excerpt":"Dow Jones Japan index found support at its long-term rising trendline.\u00a0 Follow-through above 77 would indicate the correction is over, suggesting an advance to 100*. Breach of the trendline, however would warn that the primary trend is weakening. * Target calculation: 85 + ( 85 - 70 ) = 100\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\/1658","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=1658"}],"version-history":[{"count":2,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1658\/revisions"}],"predecessor-version":[{"id":51403,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1658\/revisions\/51403"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}