{"id":3857,"date":"2012-03-18T07:32:02","date_gmt":"2012-03-18T11:32:02","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=3857"},"modified":"2012-03-18T07:32:02","modified_gmt":"2012-03-18T11:32:02","slug":"european-breakout","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/18\/european-breakout\/","title":{"rendered":"Europe on the rise"},"content":{"rendered":"<p>Dow Jones Europe Index broke through 260 to signal a primary up-trend. Respect of the zero line by 13-week Twiggs Money Flow confirms strong buying pressure. Target for the advance is 310*.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-03-16-eu.png?w=525&#038;ssl=1\" alt=\"Dow Jones Europe Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 260 + ( 260 &#8211; 210 ) = 310<\/span><\/p>\n<p>Italy&#8217;s MIB Index reflects a similar pattern, signaling an advance to 21000*.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-03-16-mib.png?w=525&#038;ssl=1\" alt=\"FTSE MIB Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 17000 + ( 17000 &#8211; 13000 ) = 21000<\/span><\/p>\n<p>The FTSE 100 is already in a primary up-trend. A trough high above zero on 13-week Twiggs Money Flow indicates strong buying pressure and a likely breakout above resistance at 6100.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-03-16-ftse.png?w=525&#038;ssl=1\" alt=\"FTSE 100 Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 5700 + ( 5700 &#8211; 5000 ) = 6400<\/span><\/p>\n<p>The DAX shows similar strong buying pressure and breakout above the 2011 high of 7500 is likely.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-03-16-dax.png?w=525&#038;ssl=1\" alt=\"DAX Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 6400 + ( 6400 &#8211; 5400 ) = 7400<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dow Jones Europe Index broke through 260 to signal a primary up-trend. Respect of the zero line by 13-week Twiggs Money Flow confirms strong buying pressure. Target for the advance is 310*. * Target calculation: 260 + ( 260 &#8211; 210 ) = 310 Italy&#8217;s MIB Index reflects a similar pattern, signaling an advance to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/18\/european-breakout\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Europe on the rise&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"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":[57,33],"tags":[949,1105,1483,1484],"class_list":["post-3857","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-uk-europe-countries-regions","tag-dax-index","tag-dow-jones-europe-index","tag-ftse-100-index","tag-ftse-mib-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Europe on the rise - 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=\"Europe on the rise - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Dow Jones Europe Index broke through 260 to signal a primary up-trend. Respect of the zero line by 13-week Twiggs Money Flow confirms strong buying pressure. 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He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-10d","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":3775,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/12\/european-signs-of-a-revival\/","url_meta":{"origin":3857,"position":0},"title":"Europe: Signs of a revival","author":"ColinTwiggs","date":"March 12, 2012","format":false,"excerpt":"Europe shows signs of a revival. Dow Jones Europe Index is testing resistance at 260. Breakout would signal a primary up-trend. Respect of the zero line by 13-week Twiggs Money Flow indicates long-term buying pressure. Target for the advance would be 310*. * Target calculation: 260 + ( 260 -\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":5491,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/18\/europe-strengthening-2\/","url_meta":{"origin":3857,"position":1},"title":"Europe strengthening","author":"Colin Twiggs","date":"September 18, 2012","format":false,"excerpt":"The FTSE 100 is headed for a test of primary resistance at 6000\/6100. Rising 13-week Twiggs Money Flow indicates buying pressure. Expect strong selling at resistance, because of the number of previous peaks at this level, but breakout would offer a long-term target of 6750*. * Target calculation: 6000 +\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":5820,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/23\/europe-and-ftse-testing-resistance\/","url_meta":{"origin":3857,"position":2},"title":"Europe and FTSE testing resistance","author":"Colin Twiggs","date":"October 23, 2012","format":false,"excerpt":"Dow Jones Europe Index continues to consolidate between 250 and 265, testing primary resistance. Upward breakout would signal a primary advance to the 2011 high at 310. A 63-day Twiggs Momentum trough above zero would strengthen the signal.\u00a0 Reversal below 250, however, would warn of another correction. * Target calculation:\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":6084,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/08\/europe-tests-support\/","url_meta":{"origin":3857,"position":3},"title":"Europe tests support","author":"Colin Twiggs","date":"November 8, 2012","format":false,"excerpt":"Germany's Dax continues to test medium-term support at 7200. Respect of support would signal strong accumulation, while failure would indicate a correction to the rising trendline. 13-Week Twiggs Money Flow oscillating above zero indicates buying pressure. Breakout above 7600 would confirm a primary up-trend. * Target calculation: 7000+ ( 7000\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":5422,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/11\/europe-strengthening\/","url_meta":{"origin":3857,"position":4},"title":"Europe strengthening","author":"Colin Twiggs","date":"September 11, 2012","format":false,"excerpt":"The FTSE 100 found support at 5600 and is headed for a test of primary resistance at 6000\/6100. Rising 13-week\u00a0 Twiggs Money Flow indicates buying pressure. Expect strong selling at resistance but breakout would offer a long-term target of 6750*. * Target calculation: 6000 + ( 6000 - 5250 )\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":2414,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/28\/europe-weakens\/","url_meta":{"origin":3857,"position":5},"title":"Europe weakens","author":"ColinTwiggs","date":"November 28, 2011","format":false,"excerpt":"A monthly chart of Dow Jones Europe shows the index testing primary support at 210. A peak below zero on 63-day Twiggs Momentum indicates a strong primary down-trend. Failure of support would offer a medium-term target of 160*. * Target calculation: 210 - ( 260 - 210 ) = 160\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\/3857","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=3857"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/3857\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=3857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=3857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=3857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}