{"id":4086,"date":"2012-04-16T05:24:15","date_gmt":"2012-04-16T09:24:15","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4086"},"modified":"2012-04-16T05:24:15","modified_gmt":"2012-04-16T09:24:15","slug":"japan-south-korea-strong-buying-pressure","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/16\/japan-south-korea-strong-buying-pressure\/","title":{"rendered":"Japan &#038; South Korea: strong buying pressure"},"content":{"rendered":"<p>Japan&#8217;s Nikkei 225 Index reflects strong buying support, with a long tail on last week&#8217;s candle. Recovery above 10000 would signal an advance to 11000*, the gap between the low (9400) and medium-term support at 9000 indicating strong buying pressure. 63-Day Twiggs Momentum confirms a strong primary up-trend.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-04-16-n225.png?w=525&#038;ssl=1\" alt=\"Nikkei 225 Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 10 + ( 10 &#8211; 9 ) = 11<\/span><\/p>\n<p>Dow Jones South Korea Index is holding above medium-term support at 425. Follow-through above 445 would confirm the advance to 480*. 13-Week Twiggs Money Flow respecting zero (from above) indicates a strong primary up-trend.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-04-16-skr.png?w=525&#038;ssl=1\" alt=\"Dow Jones South Korea Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 420 + ( 420 &#8211; 360 ) = 480<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s Nikkei 225 Index reflects strong buying support, with a long tail on last week&#8217;s candle. Recovery above 10000 would signal an advance to 11000*, the gap between the low (9400) and medium-term support at 9000 indicating strong buying pressure. 63-Day Twiggs Momentum confirms a strong primary up-trend. * Target calculation: 10 + ( 10 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/16\/japan-south-korea-strong-buying-pressure\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Japan &#038; South Korea: strong buying pressure&#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":[17,57],"tags":[1120,2479],"class_list":["post-4086","post","type-post","status-publish","format-standard","hentry","category-japan-korea","category-stock-markets","tag-dow-jones-south-korea-index","tag-nikkei-225-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Japan &#038; South Korea: strong buying pressure - 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=\"Japan &#038; South Korea: strong buying pressure - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Japan&#8217;s Nikkei 225 Index reflects strong buying support, with a long tail on last week&#8217;s candle. Recovery above 10000 would signal an advance to 11000*, the gap between the low (9400) and medium-term support at 9000 indicating strong buying pressure. 63-Day Twiggs Momentum confirms a strong primary up-trend. * Target calculation: 10 + ( 10 &hellip; Continue reading &quot;Japan &#038; South Korea: strong buying pressure&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/16\/japan-south-korea-strong-buying-pressure\/\" \/>\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=\"2012-04-16T09:24:15+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-04-16-n225.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\\\/16\\\/japan-south-korea-strong-buying-pressure\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/04\\\/16\\\/japan-south-korea-strong-buying-pressure\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Japan &#038; 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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-13U","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":3334,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/23\/australia-japan-and-south-korea\/","url_meta":{"origin":4086,"position":0},"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":6145,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/13\/asia-india-strong-china-japan-weaken\/","url_meta":{"origin":4086,"position":1},"title":"Asia: India strong, China &#038; Japan weaken","author":"Colin Twiggs","date":"November 13, 2012","format":false,"excerpt":"India's Sensex continues to hold above 18500, suggesting a healthy up-trend. Rising troughs above zero on 13-week Twiggs Money Flow indicate buying pressure. Breakout above 19000 would signal an advance to 21000*. * Target calculation: 18.5 + ( 18.5 - 16.0 ) = 21.0 Singapore's Straits Times Index continues to\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2252,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/21\/japan-south-korea-2\/","url_meta":{"origin":4086,"position":2},"title":"Japan &#038; South Korea","author":"ColinTwiggs","date":"November 21, 2011","format":false,"excerpt":"DJ South Korea Index is testing medium-term support at 390 Monday. Failure would signal a test of the primary level at 350. 63-Day Twiggs Momentum holding below zero suggests continuation of the primary down-trend. * Target calculation: 350 - ( 420 \u2212 350 ) = 280 The weekly chart of\u2026","rel":"","context":"In &quot;Japan &amp; Korea&quot;","block_context":{"text":"Japan &amp; Korea","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/japan-korea\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1386,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/18\/japan-south-korea-buying-pressure\/","url_meta":{"origin":4086,"position":3},"title":"Japan &#038; South Korea buying pressure","author":"ColinTwiggs","date":"October 18, 2011","format":false,"excerpt":"Japan's Nikkei 225 Index retreated Tuesday, but has completed a small double bottom, indicating a test of 9000. Bullish divergence on 13-week Twiggs Money Flow flags strong buying pressure. Breakout above 9000 would indicate an advance to 10000. * Target calculation: 9000 + ( 9000 - 8400 ) = 9600\u2026","rel":"","context":"In &quot;Japan &amp; Korea&quot;","block_context":{"text":"Japan &amp; Korea","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/japan-korea\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3863,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/18\/japan-south-korea-6\/","url_meta":{"origin":4086,"position":4},"title":"Japan &#038; South Korea","author":"Colin Twiggs","date":"March 18, 2012","format":false,"excerpt":"Japan's Nikkei 225 Index broke through resistance at 10000. Follow-through above 10200 would indicate a further advance as signaled by sharply rising 13-week Twiggs Money Flow. The rally is becoming dangerously extended and a correction to test support would add stability. * Target calculation: 10000 + ( 10000 - 9000\u2026","rel":"","context":"In &quot;Japan &amp; Korea&quot;","block_context":{"text":"Japan &amp; Korea","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/japan-korea\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4416,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/22\/japan-south-korea-10\/","url_meta":{"origin":4086,"position":5},"title":"Japan &#038; South Korea","author":"Colin Twiggs","date":"May 22, 2012","format":false,"excerpt":"Japan's Nikkei 225 Index is headed for a test of primary support at 8000 after breaking both support at 9000 and the rising trendline. 13-Week Twiggs Money Flow below zero warns of long-term selling pressure. Breach of 8000 would resume the primary down-trend, offering a long-term target of 6000*. *\u2026","rel":"","context":"In &quot;Japan &amp; Korea&quot;","block_context":{"text":"Japan &amp; Korea","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/japan-korea\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4086","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=4086"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4086\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}