{"id":4465,"date":"2012-05-28T02:27:53","date_gmt":"2012-05-28T06:27:53","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4465"},"modified":"2012-05-28T02:27:53","modified_gmt":"2012-05-28T06:27:53","slug":"hong-kong-china-hang-seng-breaks-support-2","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/","title":{"rendered":"Hong Kong &#038; China"},"content":{"rendered":"<p>Hong Kong&#8217;s Hang Seng Index is consolidating above 18500 on the weekly chart.\u00a0 Reversal of 13-week Twiggs Money Flow below zero warns of selling pressure, strengthening the bear signal from 63-day Twiggs Momentum. Breach of 18500 would test primary support at 17500 &#8212; and breach of 17500 would offer a target of 15000*. Recovery above 20000 remains unlikely but would warn of a bear trap.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-05-25-hsi.png?w=525&#038;ssl=1\" alt=\"Hang Seng Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 17500 &#8211; ( 20000 &#8211; 17500 ) = 15000<br \/>\n<\/span><\/p>\n<p>Shanghai Composite Index is headed for a test of primary support at 2250; breach would offer a target of 2000*. Reversal of 63-day Twiggs Momentum below zero indicates continuation of the primary down-trend. Recovery above 2500 is unlikely but would signal a primary advance.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-05-25-ssec.png?w=525&#038;ssl=1\" alt=\"Shanghai Composite Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 2250 &#8211; ( 2500 &#8211; 2250 ) = 2000<br \/>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong&#8217;s Hang Seng Index is consolidating above 18500 on the weekly chart.\u00a0 Reversal of 13-week Twiggs Money Flow below zero warns of selling pressure, strengthening the bear signal from 63-day Twiggs Momentum. Breach of 18500 would test primary support at 17500 &#8212; and breach of 17500 would offer a target of 15000*. Recovery above &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hong Kong &#038; China&#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":[41,57],"tags":[1644,3100],"class_list":["post-4465","post","type-post","status-publish","format-standard","hentry","category-china-hk","category-stock-markets","tag-hang-seng-index","tag-shanghai-composite-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hong Kong &#038; China - 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=\"Hong Kong &#038; China - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Hong Kong&#8217;s Hang Seng Index is consolidating above 18500 on the weekly chart.\u00a0 Reversal of 13-week Twiggs Money Flow below zero warns of selling pressure, strengthening the bear signal from 63-day Twiggs Momentum. Breach of 18500 would test primary support at 17500 &#8212; and breach of 17500 would offer a target of 15000*. Recovery above &hellip; Continue reading &quot;Hong Kong &#038; China&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/\" \/>\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=\"2012-05-28T06:27:53+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-05-25-hsi.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\/28\/hong-kong-china-hang-seng-breaks-support-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Hong Kong &#038; China\",\"datePublished\":\"2012-05-28T06:27:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/\"},\"wordCount\":111,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-25-hsi.png\",\"keywords\":[\"Hang Seng Index\",\"Shanghai Composite Index\"],\"articleSection\":[\"China &amp; HK\",\"Stock Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/\",\"name\":\"Hong Kong &#038; China - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-25-hsi.png\",\"datePublished\":\"2012-05-28T06:27:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-25-hsi.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-05-25-hsi.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/28\/hong-kong-china-hang-seng-breaks-support-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hong Kong &#038; China\"}]},{\"@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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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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Recovery above 2500 is unlikely but would signal the start of a primary up-trend. Hong Kong's Hang Seng Index reversed below primary support at 20000\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":4420,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/22\/hong-kong-china-hang-seng-breaks-support\/","url_meta":{"origin":4465,"position":1},"title":"Hong Kong &#038; China: Hang Seng breaks support","author":"Colin Twiggs","date":"May 22, 2012","format":false,"excerpt":"Hong Kong's Hang Seng Index fall below 20000 confirms the earlier primary down-trend signaled by 63-day Twiggs Momentum reversal below zero. Expect a rally to test the new resistance level at 20000. Respect would indicate a decline to 17500. Recovery above 20000 is unlikely but would warn of a bear\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":8622,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/10\/15\/india-asx-breakout\/","url_meta":{"origin":4465,"position":2},"title":"India, ASX breakout","author":"ColinTwiggs","date":"October 15, 2013","format":false,"excerpt":"India's Sensex is retracing to test its new support level after breaking resistance at 20500 Friday, signaling a primary advance to 22000*. A 13-week Twiggs Money Flow trough above zero indicates buying pressure. Reversal below 19500 is unlikely, but would warn of another test of primary support at 18000. *\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":"Sensex","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-10-15-bse.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-10-15-bse.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-10-15-bse.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":5414,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/10\/asia-china-japan-bearish-india-hesitant-2\/","url_meta":{"origin":4465,"position":3},"title":"Asia: Markets bouyed by stimulus measures","author":"Colin Twiggs","date":"September 10, 2012","format":false,"excerpt":"\u00a0 Markets jumped Friday on announcement by the ECB of government bond purchases and China unveiling further stimulus measures. The Shanghai Composite is testing\u00a0 the first line of resistance at 2150. Respect of 2250 would warn of another down-swing, while penetration of the (secondary) descending trendline would indicate the primary\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":14681,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/12\/14\/asia-japan-surges-while-china-ebbs\/","url_meta":{"origin":4465,"position":4},"title":"Asia: Japan surges while China ebbs","author":"ColinTwiggs","date":"December 14, 2016","format":false,"excerpt":"Japan is surging ahead, with the Nikkei 225 index headed for a test of 20000* after its breakout above 17500 four weeks ago. * Target medium-term: 17500 + ( 17500 - 15000 ) = 20000 India's Sensex found support at 26000, but narrow consolidation and declining Twiggs Money Flow both\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":4465,"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\/4465","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=4465"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4465\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}