{"id":1812,"date":"2011-11-07T02:22:41","date_gmt":"2011-11-07T07:22:41","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1812"},"modified":"2011-11-07T02:22:41","modified_gmt":"2011-11-07T07:22:41","slug":"asx-200-hesitant","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/","title":{"rendered":"ASX 200 hesitant"},"content":{"rendered":"<p>The ASX 200 index is testing its descending trendline. Recovery above 4350 would indicate a primary advance, while reversal below 4100 would test primary support at 3850. Bearish divergence on 21-day Twiggs Money Flow warns of medium-term selling pressure.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2011\/2011-11-06-xjo.png?w=525&#038;ssl=1\" alt=\"ASX 200 Index\" \/><\/p>\n<p>The longer term chart displays a bullish divergence on 13-week Twiggs Money Flow, indicating long-term buying pressure. Breakout above 4350 would offer a weak advance but a correction that respects primary support would strengthen the signal.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2011\/2011-11-06-xjo-weekly.png?w=525&#038;ssl=1\" alt=\"ASX 200 Index Weekly\" \/><\/p>\n<p style=\"text-align:right;\"><span style=\"color:#999999;\">* Target calculation: 3900 &#8211; ( 4400 &#8211; 3900 ) = 3400<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ASX 200 index is testing its descending trendline. Recovery above 4350 would indicate a primary advance, while reversal below 4100 would test primary support at 3850. Bearish divergence on 21-day Twiggs Money Flow warns of medium-term selling pressure. The longer term chart displays a bullish divergence on 13-week Twiggs Money Flow, indicating long-term buying &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ASX 200 hesitant&#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":[251,524,3511],"class_list":["post-1812","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","tag-asx-200","tag-bullish-divergence","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>ASX 200 hesitant - 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=\"ASX 200 hesitant - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The ASX 200 index is testing its descending trendline. Recovery above 4350 would indicate a primary advance, while reversal below 4100 would test primary support at 3850. Bearish divergence on 21-day Twiggs Money Flow warns of medium-term selling pressure. The longer term chart displays a bullish divergence on 13-week Twiggs Money Flow, indicating long-term buying &hellip; Continue reading &quot;ASX 200 hesitant&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/\" \/>\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=\"2011-11-07T07:22:41+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2011\/2011-11-06-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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"ASX 200 hesitant\",\"datePublished\":\"2011-11-07T07:22:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/\"},\"wordCount\":76,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-11-06-xjo.png\",\"keywords\":[\"ASX 200\",\"bullish divergence\",\"Twiggs Money Flow\"],\"articleSection\":[\"Australia &amp; NZ\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/\",\"name\":\"ASX 200 hesitant - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-11-06-xjo.png\",\"datePublished\":\"2011-11-07T07:22:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-11-06-xjo.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-11-06-xjo.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/asx-200-hesitant\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ASX 200 hesitant\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Recovery above 4400 would confirm the primary up-trend signaled by the 63-day Twiggs Momentum cross to above zero. Target for an advance would be the 2011 high at 4900*. * Target calculation: 4400 + (4400 - 3900) = 4900\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":1893,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/14\/asx-200-runs-into-resistance\/","url_meta":{"origin":1812,"position":1},"title":"ASX 200 runs into resistance","author":"ColinTwiggs","date":"November 14, 2011","format":false,"excerpt":"The ASX 200 encountered selling pressure at 4350, as indicated by the tall shadow (or \"wick\") on Monday's candle. Bearish divergence on 21-day Twiggs Money Flow also indicates medium-term selling pressure. Failure of support at 4150 would signal another test of primary support at 3850. Upward breakout is less likely\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":2250,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/21\/asx-200-threatens-support-2\/","url_meta":{"origin":1812,"position":2},"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":7609,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/29\/asia-singapore-breakout-asx-200-selling-pressure\/","url_meta":{"origin":1812,"position":3},"title":"Asia: Singapore breakout, ASX 200 selling pressure","author":"ColinTwiggs","date":"April 29, 2013","format":false,"excerpt":"Singapore's Straits Times Index broke long-term resistance at 3300, signaling an advance to the 2007 high of 3900*. Troughs above zero on 13-week Twiggs Momentum strengthen the signal. * Target calculation: 3300 + ( 3300 - 2700 ) = 3900 India's Sensex followed through above resistance at 19000. Breach of\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":1575,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/26\/asx-weekly-chart\/","url_meta":{"origin":1812,"position":4},"title":"ASX weekly chart","author":"ColinTwiggs","date":"October 26, 2011","format":false,"excerpt":"Just a reminder that the ASX is still in a bear market. Bullish divergence on 13-week Twiggs Money Flow indicates buying pressure on the All Ords and the index is testing the descending trendline. Breakout above 4400 would signal that a bottom has formed, while reversal below 4200 would warn\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":3183,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/19\/asia-pacific-asx-200-and-dj-south-korea-tank\/","url_meta":{"origin":1812,"position":5},"title":"Asia-Pacific: ASX 200 and DJ South Korea tank","author":"ColinTwiggs","date":"December 19, 2011","format":false,"excerpt":"Australia's ASX 200 index fell sharply Monday. Bearish divergence on 13-week Twiggs Money Flow warns of strong selling pressure. Failure of medium-term support at 4000 is likely, while breach of the primary level at 3850 would signal a decline to 3350*. * Target calculation: 3850 - (4350 - 3850 )\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\/1812","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=1812"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1812\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}