{"id":4324,"date":"2012-05-10T00:10:00","date_gmt":"2012-05-10T04:10:00","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4324"},"modified":"2012-05-10T00:10:00","modified_gmt":"2012-05-10T04:10:00","slug":"india-singapore-11","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/","title":{"rendered":"India &#038; Singapore"},"content":{"rendered":"<p>India&#8217;s Sensex is testing support at 16500 (61.8% Fibonacci retracement). Recovery above 17500 would signal the start of a fresh primary advance. Reversal of 13-week Twiggs Money Flow below zero, however, warns of strong selling pressure. Failure of support at 16500 would test the band of primary support above 15000.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-05-09-bse.png?w=525&#038;ssl=1\" alt=\"BSE Sensex Index\" \/><\/p>\n<p>The Nifty is similarly testing support at 5000. Reversal of 63-day Twiggs Momentum below zero warns that the primary down-trend will continue, but recovery above the descending trendline at 5200 would indicate that the correction is over.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-05-09-nsx.png?w=525&#038;ssl=1\" alt=\"NSE Nifty Index\" \/><\/p>\n<p>Singapore&#8217;s Straits Times Index fell sharply to test medium-term support at 2900. Failure would indicate a correction to the rising trendline. Respect of support, especially if strengthened by a 63-day Twiggs Momentum trough above zero, would signal the start of a fresh primary advance.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-05-09-sti.png?w=525&#038;ssl=1\" alt=\"Singapore Straits Times Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 2900 + ( 2900 &#8211; 2600 ) = 3200<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s Sensex is testing support at 16500 (61.8% Fibonacci retracement). Recovery above 17500 would signal the start of a fresh primary advance. Reversal of 13-week Twiggs Money Flow below zero, however, warns of strong selling pressure. Failure of support at 16500 would test the band of primary support above 15000. The Nifty is similarly testing &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;India &#038; Singapore&#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":[12,57],"tags":[2475,3084,3264],"class_list":["post-4324","post","type-post","status-publish","format-standard","hentry","category-india-singapore-countries-regions","category-stock-markets","tag-nifty-index","tag-sensex-index","tag-straits-times-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>India &#038; Singapore - 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=\"India &#038; Singapore - the patient investor\" \/>\n<meta property=\"og:description\" content=\"India&#8217;s Sensex is testing support at 16500 (61.8% Fibonacci retracement). Recovery above 17500 would signal the start of a fresh primary advance. Reversal of 13-week Twiggs Money Flow below zero, however, warns of strong selling pressure. Failure of support at 16500 would test the band of primary support above 15000. The Nifty is similarly testing &hellip; Continue reading &quot;India &#038; Singapore&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/\" \/>\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=\"2012-05-10T04:10:00+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-05-09-bse.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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"India &#038; Singapore\",\"datePublished\":\"2012-05-10T04:10:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/\"},\"wordCount\":128,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-09-bse.png\",\"keywords\":[\"NIFTY Index\",\"Sensex Index\",\"Straits Times Index\"],\"articleSection\":[\"India &amp; Singapore\",\"Stock Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/\",\"name\":\"India &#038; Singapore - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-09-bse.png\",\"datePublished\":\"2012-05-10T04:10:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-09-bse.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-09-bse.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"India &#038; Singapore\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. 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Failure of support at 15000 would offer a target of 12000*. * Target calculation: 15 - ( 18 - 15\u2026","rel":"","context":"In &quot;India &amp; Singapore&quot;","block_context":{"text":"India &amp; Singapore","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/india-singapore-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5908,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/29\/asia-china-japan-weak-india-hk-bullish\/","url_meta":{"origin":4324,"position":1},"title":"Asia: China &#038; Japan weak, India &#038; HK bullish","author":"Colin Twiggs","date":"October 29, 2012","format":false,"excerpt":"China's Shanghai Composite Index respected resistance at 2150 and the descending trendline, indicating another down-swing. Breach of support at 2000 would confirm. Reversal of 63-day Twiggs Momentum below its rising trendline would strengthen the bear signal. * Target calculation: 2150 - ( 2500 - 2150 ) = 1800 Rising 13-week\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":4483,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/31\/india-singapore-14\/","url_meta":{"origin":4324,"position":2},"title":"India &#038; Singapore","author":"Colin Twiggs","date":"May 31, 2012","format":false,"excerpt":"The BSE Sensex found medium-term support at 16000\/15800 but reversal of 13-week Twiggs Money Flow below zero warns of further selling pressure. Expect another test of primary support at 15000\/15200. Failure would offer a target of 12000*. * Target calculation: 15 - ( 18 \u2212 15 ) = 12 With\u2026","rel":"","context":"In &quot;India &amp; Singapore&quot;","block_context":{"text":"India &amp; Singapore","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/india-singapore-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6239,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/21\/asia-india-china-weaken\/","url_meta":{"origin":4324,"position":3},"title":"Asia: India &#038; China weaken","author":"Colin Twiggs","date":"November 21, 2012","format":false,"excerpt":"India's Sensex broke support at 18500, warning of another correction. Troughs above zero on 13-week Twiggs Money Flow indicate long-term buying pressure; so the correction is likely to be mild. Respect of 18000 would suggest a strong primary up-trend, with an initial target of 20000*. * Target calculation: 19 +\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":5247,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/asia-india-recovers-but-china-japan-bearish\/","url_meta":{"origin":4324,"position":4},"title":"Asia: India recovers but China &#038; Japan bearish","author":"Colin Twiggs","date":"August 14, 2012","format":false,"excerpt":"India's Sensex broke resistance at 17500, signaling a primary up-trend. Expect an advance to 18500*. Rising 13-week Twiggs Money Flow -- above zero -- indicates strong buying pressure. * Target calculation: 17.5 + ( 17.5 - 16.5 ) = 18.5 NSE Nifty is testing resistance at 5350. Breakout would confirm\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":5137,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/08\/asia-india-recovering-but-china-japan-bearish\/","url_meta":{"origin":4324,"position":5},"title":"Asia: India recovering but China &#038; Japan bearish","author":"Colin Twiggs","date":"August 8, 2012","format":false,"excerpt":"China's Shanghai Composite Index is testing its upper trend channel at 2160. Follow-through would indicate a rally to 2250, while reversal would indicate a decline to 2040*. 63-Day Twiggs Momentum continues to signal a strong primary down-trend. * Target calculation: 2100 - ( 2160 - 2100 ) = 2040 Hong\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":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4324","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=4324"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4324\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}