{"id":367,"date":"2011-08-21T22:26:34","date_gmt":"2011-08-22T02:26:34","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=367"},"modified":"2011-08-21T22:26:34","modified_gmt":"2011-08-22T02:26:34","slug":"tsx-60-headed-for-650","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/21\/tsx-60-headed-for-650\/","title":{"rendered":"TSX 60 headed for long-term support"},"content":{"rendered":"

Canada’s TSX 60 Index is falling sharply, headed for medium-term support at 665, but long-term support at 650 is just below. Breakout below 650 would warn of another down-swing, with a target of 580*.<\/p>\n

\"TSX<\/p>\n

* Target calculation: 650 – ( 720 – 650 ) = 580<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Canada’s TSX 60 Index is falling sharply, headed for medium-term support at 665, but long-term support at 650 is just below. Breakout below 650 would warn of another down-swing, with a target of 580*. * Target calculation: 650 – ( 720 – 650 ) = 580<\/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":[557,3301,3502,3503],"class_list":["post-367","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-us-canada-countries-regions","tag-canada","tag-support","tag-tsx","tag-tsx-60"],"yoast_head":"\nTSX 60 headed for long-term support - 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=\"TSX 60 headed for long-term support - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Canada’s TSX 60 Index is falling sharply, headed for medium-term support at 665, but long-term support at 650 is just below. 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Respect of the descending trendline and 63-day Twiggs Momentum oscillating below zero both suggest another decline. Failure of primary support at 625 would offer a target of 580*. * Target calculation: 650 - ( 720 - 650 ) = 580","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2236,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/20\/canada-tsx-60-6\/","url_meta":{"origin":367,"position":1},"title":"TSX 60 warns of another decline","author":"ColinTwiggs","date":"November 20, 2011","format":false,"excerpt":"Canada's TSX 60 index broke medium-term support \u2014 at 680 on the weekly chart below. Respect of the descending trendline suggests another decline. Failure of primary support at 650 would confirm. 63-Day Twiggs Momentum deep below zero also indicates a strong primary down-trend. A conservative target for the decline would\u2026","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":637,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/05\/tsx60\/","url_meta":{"origin":367,"position":2},"title":"TSX60","author":"ColinTwiggs","date":"September 5, 2011","format":false,"excerpt":"TSX 60 Index is testing resistance at 725\/735. 13-Week Twiggs Money Flow oscillating around zero indicates hesitancy. Resistance is likely to hold and reversal below the week's low at 700 would warn of another test of support at 650\/660. In the medium term, failure of support would offer a target\u2026","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1234,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/10\/tsx-60-finds-support\/","url_meta":{"origin":367,"position":3},"title":"TSX 60 finds support","author":"ColinTwiggs","date":"October 10, 2011","format":false,"excerpt":"Canada's TSX 60 index found support between 620 and 650. A rally to test resistance at 730 is indicated, but the primary trend is down and 13-week Twiggs Money Flow continues to signal selling pressure. Reversal below 650 would warn of a decline to 580*. * Target calculation: 650 -\u2026","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1099,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/03\/tsx-60-breaks-support\/","url_meta":{"origin":367,"position":4},"title":"TSX 60 breaks support","author":"ColinTwiggs","date":"October 3, 2011","format":false,"excerpt":"Canada's TSX 60 index broke support at 650, while declining 13-week Twiggs Money Flow signals rising selling pressure. Expect another down-swing with a target of 580*. * Target calculation: 650 - ( 720 - 650 ) = 580","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4409,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/21\/bad-news-for-canadian-stocks\/","url_meta":{"origin":367,"position":5},"title":"Bad news for Canadian stocks","author":"Colin Twiggs","date":"May 21, 2012","format":false,"excerpt":"Canada's TSX 60 index broke through primary support at 650, confirming the primary down-trend signaled by 63-day Twiggs Momentum. Expect a decline to 580*. Recovery above 650 is unlikely at present, but would warn of a bear trap. * Target calculation: 650 - ( 720 - 650 ) = 580","rel":"","context":"In "Stock Markets"","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\/367","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=367"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/367\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}