{"id":4483,"date":"2012-05-31T00:25:28","date_gmt":"2012-05-31T04:25:28","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4483"},"modified":"2012-05-31T00:25:28","modified_gmt":"2012-05-31T04:25:28","slug":"india-singapore-14","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/31\/india-singapore-14\/","title":{"rendered":"India &#038; Singapore"},"content":{"rendered":"<p>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*.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-05-31-bse.png?w=525&#038;ssl=1\" alt=\"BSE Sensex Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 15 &#8211; ( 18 \u2212 15 ) = 12<\/span><\/p>\n<p>With almost half of foreign bank funding sourced from Europe, India is experiencing significant tightening of external finance and hence domestic investment.<\/p>\n<p>Singapore&#8217;s Straits Times Index is testing medium-term support at 2750. Failure would test primary support at 2600. Reversal of 63-day Twiggs Momentum below zero warns of a strong primary down-trend. Recovery above 2900 is unlikely but would indicate continuation of the 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\/2012-05-31-sti.png?w=525&#038;ssl=1\" alt=\"Straits Times Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 2600 &#8211; ( 2900 \u2212 2600 ) = 2300<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &#8211; ( 18 \u2212 15 ) = 12 With almost half of foreign bank &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/31\/india-singapore-14\/\" 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],"tags":[508,1331,1882,2759,3264,3510,3511],"class_list":["post-4483","post","type-post","status-publish","format-standard","hentry","category-india-singapore-countries-regions","tag-bse-sensex-index","tag-external-finance","tag-investment","tag-primary-support","tag-straits-times-index","tag-twiggs-momentum","tag-twiggs-money-flow"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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=\"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 &#8211; ( 18 \u2212 15 ) = 12 With almost half of foreign bank &hellip; Continue reading &quot;India &#038; Singapore&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/31\/india-singapore-14\/\" \/>\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=\"2012-05-31T04:25:28+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-05-31-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\\\/31\\\/india-singapore-14\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"India &#038; Singapore\",\"datePublished\":\"2012-05-31T04:25:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/\"},\"wordCount\":104,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-05-31-bse.png\",\"keywords\":[\"BSE Sensex Index\",\"external finance\",\"Investment\",\"primary support\",\"Straits Times Index\",\"Twiggs Momentum\",\"Twiggs Money Flow\"],\"articleSection\":[\"India &amp; Singapore\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/\",\"name\":\"India &#038; Singapore - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-05-31-bse.png\",\"datePublished\":\"2012-05-31T04:25:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-05-31-bse.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-05-31-bse.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/05\\\/31\\\/india-singapore-14\\\/#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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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\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-1aj","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":4539,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/04\/hong-kong-india-and-singapore\/","url_meta":{"origin":4483,"position":0},"title":"Hong Kong, India and Singapore","author":"Colin Twiggs","date":"June 4, 2012","format":false,"excerpt":"Dow Jones Hong Kong Index is headed for primary support at 360. Failure would confirm the primary down-trend signaled by 63-day Twiggs Momentum below zero. India's Sensex is testing support at 16000\/15800. Failure would mean another test of primary support at 15000\/15200. Reversal of 13-week Twiggs Money Flow below zero\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":2245,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/21\/india-singapore-7\/","url_meta":{"origin":4483,"position":1},"title":"India &#038; Singapore","author":"ColinTwiggs","date":"November 21, 2011","format":false,"excerpt":"The BSE Sensex is headed for a test of primary support at 16000\/15800. Reversal of 13-week Twiggs Money Flow below zero warns of further selling pressure. Failure of primary support would offer a target of 14000*. * Target calculation: 16 - ( 18 \u2212 16 ) = 14 Westpac's monthly\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":4352,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/15\/india-singapore-12\/","url_meta":{"origin":4483,"position":2},"title":"India &#038; Singapore","author":"Colin Twiggs","date":"May 15, 2012","format":false,"excerpt":"India's Sensex broke the 61.8% Fibonacci level at 16500, indicating a test of primary support at 15000. Reversal of 13-week Twiggs Money Flow below zero warns of strong selling pressure. 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":1891,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/14\/india-singapore-5\/","url_meta":{"origin":4483,"position":3},"title":"India &#038; Singapore","author":"ColinTwiggs","date":"November 14, 2011","format":false,"excerpt":"The BSE Sensex found support at 17000, rallying to 17300 Monday. Breakout above 18000 would offer a target of 19000 -- and breach of the descending trendline would warn that the primary down-trend is weakening. Reversal below 17000 remains as likely, however, and would test primary support at 16000. Twiggs\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":2420,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/28\/india-warns-of-primary-decline-singapore-may-follow\/","url_meta":{"origin":4483,"position":4},"title":"India warns of primary decline, Singapore may follow","author":"ColinTwiggs","date":"November 28, 2011","format":false,"excerpt":"India's SENSEX broke through support at 15800\/16000, signaling a primary decline to 14000*. Reversal of 13-week Twiggs Money Flow below zero confirms strong selling pressure. The index later recovered above 16000 Monday; we will have to wait to see whether the new support level holds. * Target calculation: 16 -\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":4324,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/10\/india-singapore-11\/","url_meta":{"origin":4483,"position":5},"title":"India &#038; Singapore","author":"Colin Twiggs","date":"May 10, 2012","format":false,"excerpt":"India'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.\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":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4483","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=4483"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4483\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}