{"id":4350,"date":"2012-05-15T00:17:05","date_gmt":"2012-05-15T04:17:05","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4350"},"modified":"2012-05-15T00:17:05","modified_gmt":"2012-05-15T04:17:05","slug":"uk-europe-warn-of-primary-down-trend","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/","title":{"rendered":"UK &#038; Europe warn of primary down-trend"},"content":{"rendered":"<p>Dow Jones Europe Index broke medium-term support at 240, warning of another test of primary support at 210. Reversal of 63-day Twiggs Momentum warns of a primary down-trend. Failure of support would confirm.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-05-15-eu.png?w=525&#038;ssl=1\" alt=\"Dow Jones Europe Index\" \/><\/p>\n<p>The FTSE 100 broke medium-term support at 5600, indicating another test of primary support at 5000\/5050. Breach of the rising trendline and retreat of 63-Day Twiggs Momentum below zero both warn of a primary down-trend. Failure of primary support would confirm.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-05-15-ftse.png?w=525&#038;ssl=1\" alt=\"FTSE 100 Index\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dow Jones Europe Index broke medium-term support at 240, warning of another test of primary support at 210. Reversal of 63-day Twiggs Momentum warns of a primary down-trend. Failure of support would confirm. The FTSE 100 broke medium-term support at 5600, indicating another test of primary support at 5000\/5050. Breach of the rising trendline and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UK &#038; Europe warn of primary down-trend&#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":[1105,1483],"class_list":["post-4350","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-uk-europe-countries-regions","tag-dow-jones-europe-index","tag-ftse-100-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UK &#038; Europe warn of primary down-trend - 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=\"UK &#038; Europe warn of primary down-trend - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Dow Jones Europe Index broke medium-term support at 240, warning of another test of primary support at 210. Reversal of 63-day Twiggs Momentum warns of a primary down-trend. Failure of support would confirm. The FTSE 100 broke medium-term support at 5600, indicating another test of primary support at 5000\/5050. Breach of the rising trendline and &hellip; Continue reading &quot;UK &#038; Europe warn of primary down-trend&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/\" \/>\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=\"2012-05-15T04:17:05+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-05-15-eu.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\/05\/15\/uk-europe-warn-of-primary-down-trend\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"UK &#038; Europe warn of primary down-trend\",\"datePublished\":\"2012-05-15T04:17:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/\"},\"wordCount\":75,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-15-eu.png\",\"keywords\":[\"Dow Jones Europe Index\",\"FTSE 100 Index\"],\"articleSection\":[\"Stock Markets\",\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/\",\"name\":\"UK &#038; Europe warn of primary down-trend - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-15-eu.png\",\"datePublished\":\"2012-05-15T04:17:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-15-eu.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-15-eu.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/uk-europe-warn-of-primary-down-trend\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UK &#038; Europe warn of primary down-trend\"}]},{\"@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. 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\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UK &#038; Europe warn of primary down-trend - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"UK &#038; Europe warn of primary down-trend - the patient investor","og_description":"Dow Jones Europe Index broke medium-term support at 240, warning of another test of primary support at 210. Reversal of 63-day Twiggs Momentum warns of a primary down-trend. Failure of support would confirm. 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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-18a","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":4537,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/04\/uk-europe-warn-of-primary-down-trend-2\/","url_meta":{"origin":4350,"position":0},"title":"UK &#038; Europe warn of primary down-trend","author":"Colin Twiggs","date":"June 4, 2012","format":false,"excerpt":"The FTSE 100 is testing medium-term support at 5250. Failure would mean another test of primary support at 5000\/5050. Declining 63-Day Twiggs Momentum (below zero) indicates a primary down-trend. Failure of primary support would confirm. Germany's DAX broke medium-term support at 6200, penetration of the rising trendline warning that the\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":4350,"position":1},"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":[]},{"id":4599,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/12\/uk-europe-3\/","url_meta":{"origin":4350,"position":2},"title":"UK &#038; Europe","author":"Colin Twiggs","date":"June 12, 2012","format":false,"excerpt":"Dow Jones Europe Index is testing long-term support at 210. Failure would signal a decline to the 2009 low of 150*. Declining 63-day Twiggs Momentum (below zero) already warns of a primary down-trend, while 13-week Twiggs Money Flow indicates strong selling pressure. * Target calculation: 210 - ( 270 -\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":4077,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/16\/uk-europe-madrid-in-trouble\/","url_meta":{"origin":4350,"position":3},"title":"UK &#038; Europe: Madrid in trouble","author":"Colin Twiggs","date":"April 16, 2012","format":false,"excerpt":"The monthly chart of the Madrid General Index highlights the extent of Spain's problems, with the index breaking support at 750 and headed for its 2009 low of 700. A 63-day Twiggs Momentum peak below the zero line warns of a strong down-trend. Failure of 700 would signal a decline\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":4875,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/17\/uk-europe-momentum-rising\/","url_meta":{"origin":4350,"position":4},"title":"UK &#038; Europe momentum rising","author":"Colin Twiggs","date":"July 17, 2012","format":false,"excerpt":"Dow Jones Europe Index is headed for a test of the long-term descending trendline at 240. Upward breakout would support the bullish divergence on 63-day Twiggs Momentum, indicating a primary up-trend. Breakout above 265 would confirm. Respect of resistance at 240, however, would warn of another test of primary support\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":4350,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4350","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=4350"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4350\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}