{"id":5220,"date":"2012-08-13T04:44:17","date_gmt":"2012-08-13T08:44:17","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=5220"},"modified":"2012-08-13T04:44:17","modified_gmt":"2012-08-13T08:44:17","slug":"europe-signs-of-a-revival","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/","title":{"rendered":"Europe: Signs of a revival"},"content":{"rendered":"<p>Bullish divergence on Madrid General Index (13-week Twiggs Money Flow) indicates buying pressure. Breakout above 720 would complete a double-bottom reversal with a target of 840*. Penetration of the descending trendline would strengthen the signal.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.png?w=525&#038;ssl=1\" alt=\"Madrid General Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 720 + ( 720 &#8211; 600 ) = 840<\/span><\/p>\n<p>FTSE 100 broke resistance at 5750 and is headed for a test of 6000 on the weekly chart. The 13-week Twiggs Money Flow trough above zero indicates a healthy primary up-trend. Expect strong resistance at 6000 because of the number of previous peaks at this level. Breakout would offer a long-term target of 6750*.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-08-13-ftse.png?w=525&#038;ssl=1\" alt=\"FTSE 100 Index\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 6000 + ( 6000 &#8211; 5250 ) = 6750<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bullish divergence on Madrid General Index (13-week Twiggs Money Flow) indicates buying pressure. Breakout above 720 would complete a double-bottom reversal with a target of 840*. Penetration of the descending trendline would strengthen the signal. * Target calculation: 720 + ( 720 &#8211; 600 ) = 840 FTSE 100 broke resistance at 5750 and is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Europe: Signs of a revival&#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":[1483,2193],"class_list":["post-5220","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-uk-europe-countries-regions","tag-ftse-100-index","tag-madrid-general-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Europe: Signs of a revival - 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=\"Europe: Signs of a revival - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Bullish divergence on Madrid General Index (13-week Twiggs Money Flow) indicates buying pressure. Breakout above 720 would complete a double-bottom reversal with a target of 840*. Penetration of the descending trendline would strengthen the signal. * Target calculation: 720 + ( 720 &#8211; 600 ) = 840 FTSE 100 broke resistance at 5750 and is &hellip; Continue reading &quot;Europe: Signs of a revival&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/\" \/>\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=\"2012-08-13T08:44:17+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.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\/08\/13\/europe-signs-of-a-revival\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Europe: Signs of a revival\",\"datePublished\":\"2012-08-13T08:44:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/\"},\"wordCount\":93,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.png\",\"keywords\":[\"FTSE 100 Index\",\"Madrid General Index\"],\"articleSection\":[\"Stock Markets\",\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/\",\"name\":\"Europe: Signs of a revival - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.png\",\"datePublished\":\"2012-08-13T08:44:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Europe: Signs of a revival\"}]},{\"@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":"Europe: Signs of a revival - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Europe: Signs of a revival - the patient investor","og_description":"Bullish divergence on Madrid General Index (13-week Twiggs Money Flow) indicates buying pressure. Breakout above 720 would complete a double-bottom reversal with a target of 840*. Penetration of the descending trendline would strengthen the signal. * Target calculation: 720 + ( 720 &#8211; 600 ) = 840 FTSE 100 broke resistance at 5750 and is &hellip; Continue reading \"Europe: Signs of a revival\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_author":"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","article_published_time":"2012-08-13T08:44:17+00:00","og_image":[{"url":"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.png","type":"","width":"","height":""}],"author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"Europe: Signs of a revival","datePublished":"2012-08-13T08:44:17+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/"},"wordCount":93,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.png","keywords":["FTSE 100 Index","Madrid General Index"],"articleSection":["Stock Markets","UK &amp; Europe"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/","name":"Europe: Signs of a revival - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.png","datePublished":"2012-08-13T08:44:17+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2012\/2012-08-13-smsi.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Europe: Signs of a revival"}]},{"@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\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-1mc","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":5311,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/21\/european-revival\/","url_meta":{"origin":5220,"position":0},"title":"European revival","author":"Colin Twiggs","date":"August 21, 2012","format":false,"excerpt":"Madrid General Index broke above 720 to complete a double-bottom reversal with a target of 840*. Bullish divergence on 13-week Twiggs Money Flow indicates buying pressure. Penetration of the descending trendline would strengthen the reversal signal. * Target calculation: 720 + ( 720 - 600 ) = 840 Italian FTSE\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":5340,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/27\/european-buying-pressure\/","url_meta":{"origin":5220,"position":1},"title":"European buying pressure","author":"Colin Twiggs","date":"August 27, 2012","format":false,"excerpt":"The FTSE 100 is retracing to test support at 5700. Rising 21-day Twiggs Money Flow indicates medium-term buying pressure. Respect of 5700 would signal an advance to 6100; expect strong resistance at that level because of the number of previous peaks. Breakout would offer a long-term target of 6750*. *\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":5643,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/02\/europe-still-positive\/","url_meta":{"origin":5220,"position":2},"title":"Europe: Still positive","author":"Colin Twiggs","date":"October 2, 2012","format":false,"excerpt":"Germany's DAX found support at 7200. Respect would indicate another attempt at long-term resistance at 7500\/7600. Rising troughs above zero on 13-week Twiggs Money Flow indicate strong buying pressure. Breakout would signal a long-term advance to 8400*. * Target calculation: 7200 + ( 7200 - 6000 ) = 8400 Madrid\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":5564,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/24\/europe-rising\/","url_meta":{"origin":5220,"position":3},"title":"Europe rising","author":"Colin Twiggs","date":"September 24, 2012","format":false,"excerpt":"Madrid General Index continues to indicate strong buying pressure, with 13-week Twiggs Money Flow rising steeply. Expect a test of resistance at 900. * Target calculation: 725 + ( 725 - 600 ) = 850 Germany's DAX is testing long-term resistance at 7500\/7600. Troughs above zero on 13-week Twiggs Money\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":6121,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/12\/europe-tests-support-2\/","url_meta":{"origin":5220,"position":4},"title":"Europe tests support","author":"Colin Twiggs","date":"November 12, 2012","format":false,"excerpt":"Today we look at the long-term view, with monthly charts. Germany's Dax closed below 7200, warning of a correction to the rising trendline. 13-Week Twiggs Money Flow oscillating above zero indicates buying pressure. Respect of the rising trendline would indicate a primary advance. Breakout above 7600 would confirm, offering a\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":8149,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/22\/europe-dax-and-ftse-100-recovery\/","url_meta":{"origin":5220,"position":5},"title":"Europe: DAX and FTSE 100 recovery","author":"ColinTwiggs","date":"July 22, 2013","format":false,"excerpt":"Germany's DAX recovered above its 2007\/2008 high at 8200, signaling a primary advance with a long-term target of 9500*. Breach of resistance at 8500 would confirm. 13-Week Twiggs Money Flow is above zero, but remains weak, warning of further retracement to test support at 8000. Reversal below 8000 is unlikely,\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\/5220","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=5220"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5220\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=5220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=5220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=5220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}