{"id":3999,"date":"2012-04-01T19:18:39","date_gmt":"2012-04-01T23:18:39","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=3999"},"modified":"2012-04-01T19:18:39","modified_gmt":"2012-04-01T23:18:39","slug":"australia-asx-200-advances","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/01\/australia-asx-200-advances\/","title":{"rendered":"Australia: ASX 200 advances"},"content":{"rendered":"<p>The ASX 200 broke medium-term resistance at 4300, indicating an advance to 4400. Recovery of 63-day Twiggs Momentum above zero suggests a primary up-trend. Breakout above 4400 would confirm, offering an initial target of 4800*.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-04-01-xjo.png?w=525&#038;ssl=1\" alt=\"ASX 200 Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 4400 + ( 4400 &#8211; 4000 ) = 4800<\/span><\/p>\n<p>The biggest obstacle to an ASX up-trend is weakness in China. Signs that a bottom is forming would boost the ASX but that is not evident at present.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ASX 200 broke medium-term resistance at 4300, indicating an advance to 4400. Recovery of 63-day Twiggs Momentum above zero suggests a primary up-trend. Breakout above 4400 would confirm, offering an initial target of 4800*. * Target calculation: 4400 + ( 4400 &#8211; 4000 ) = 4800 The biggest obstacle to an ASX up-trend is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/01\/australia-asx-200-advances\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australia: ASX 200 advances&#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_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,57],"tags":[255],"class_list":["post-3999","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-stock-markets","tag-asx-200-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia: ASX 200 advances - 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=\"Australia: ASX 200 advances - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The ASX 200 broke medium-term resistance at 4300, indicating an advance to 4400. Recovery of 63-day Twiggs Momentum above zero suggests a primary up-trend. Breakout above 4400 would confirm, offering an initial target of 4800*. * Target calculation: 4400 + ( 4400 &#8211; 4000 ) = 4800 The biggest obstacle to an ASX up-trend is &hellip; Continue reading &quot;Australia: ASX 200 advances&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/01\/australia-asx-200-advances\/\" \/>\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:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-04-01T23:18:39+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-04-01-xjo.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Australia: ASX 200 advances\",\"datePublished\":\"2012-04-01T23:18:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/\"},\"wordCount\":64,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-04-01-xjo.png\",\"keywords\":[\"ASX 200 Index\"],\"articleSection\":[\"Australia &amp; NZ\",\"Stock Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/\",\"name\":\"Australia: ASX 200 advances - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-04-01-xjo.png\",\"datePublished\":\"2012-04-01T23:18:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-04-01-xjo.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-04-01-xjo.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/01\\\/australia-asx-200-advances\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australia: ASX 200 advances\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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Breakout above 4400 would complete a higher trough, signaling the start of a primary up-trend, but selling pressure in US and Chinese markets may prevent this. * Target calculation: 4400\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":3546,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/21\/australia-asx-200-3\/","url_meta":{"origin":3999,"position":1},"title":"Australia: ASX 200","author":"ColinTwiggs","date":"February 21, 2012","format":false,"excerpt":"The ASX 200 index respected its rising trendline on the weekly chart, indicating continuation of the advance to test 4400. Breakout above 4400 would indicate the start of a primary up-trend, while recovery of 63-day Twiggs Momentum above zero would strengthen the signal. * Target calculation: 4400 + ( 4400\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":3715,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/03\/australia-asx-200-index\/","url_meta":{"origin":3999,"position":2},"title":"Australia: ASX 200 Index","author":"ColinTwiggs","date":"March 3, 2012","format":false,"excerpt":"The ASX 200 Index is forming a bottom between 4000 and 4400 after breaching its descending trendline. Breakout above 4400 would signal the start of a new up-trend, but that may be some way off. Recovery of 63-day Twiggs Momentum above zero would strengthen the signal. For the present we\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":3428,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/06\/asx-200-weakly-bullish\/","url_meta":{"origin":3999,"position":3},"title":"ASX 200 weakly bullish","author":"ColinTwiggs","date":"February 6, 2012","format":false,"excerpt":"The ASX 200 breched its descending trendline, indicating that the primary down-trend is over. Breakout above 4400 would signal the start of a new up-trend. Twiggs Money Flow (13 week) continues to oscillate around the zero line, however, suggesting weakness. * Target calculation: 4400 + ( 4400 - 4000 )\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":3334,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/23\/australia-japan-and-south-korea\/","url_meta":{"origin":3999,"position":4},"title":"Australia, Japan and South Korea","author":"ColinTwiggs","date":"January 23, 2012","format":false,"excerpt":"Australia's ASX 200 index is lagging other resources markets, but penetration of the descending trendline on Monday suggests that a bottom is forming. Breakout above 4400 would signal a primary up-trend, with an initial target of 4800*. * Target calculation: 4400 + ( 4400 - 4000 ) = 4800 Japan's\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":4243,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/30\/asx-200-tests-4400\/","url_meta":{"origin":3999,"position":5},"title":"ASX 200 tests 4400","author":"Colin Twiggs","date":"April 30, 2012","format":false,"excerpt":"Australia's ASX 200 index is testing the band of resistance between 4350 and 4400. Breakout would confirm the primary up-trend signaled by a 63-day Twiggs Momentum cross to above zero. Target for the long-term ascending triangle would be the 2011 high at 4900*. * Target calculation: 4400 + (4400 -\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\/3999","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=3999"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/3999\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=3999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=3999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=3999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}