{"id":5340,"date":"2012-08-27T22:38:02","date_gmt":"2012-08-28T02:38:02","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=5340"},"modified":"2012-08-27T22:38:02","modified_gmt":"2012-08-28T02:38:02","slug":"european-buying-pressure","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/27\/european-buying-pressure\/","title":{"rendered":"European buying pressure"},"content":{"rendered":"<p>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*.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-08-28-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<p>Madrid General Index is consolidating above 720 after completing a double-bottom reversal. Follow-through above 760 would signal an advance to 900*. Bullish divergence on 13-week Twiggs Money Flow indicates long-term buying pressure. Penetration of the descending trendline would strengthen the reversal signal.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-08-28-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: 750 + ( 750 &#8211; 600 ) = 900<\/span><\/p>\n<p>Germany&#8217;s DAX shows strong buying pressure, with 13-week Twiggs Money Flow oscillating high above zero. Consolidation or retracement below 7200 is likely, followed by an advance to 7600. Expect strong resistance at 7500\/7600 because of the number of previous peaks.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-08-28-dax.png?w=525&#038;ssl=1\" alt=\"DAX Index\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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*. * Target calculation: 6000 + ( &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/27\/european-buying-pressure\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;European buying pressure&#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_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[57,33],"tags":[949,1483,2193],"class_list":["post-5340","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-uk-europe-countries-regions","tag-dax-index","tag-ftse-100-index","tag-madrid-general-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>European buying pressure - 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=\"European buying pressure - the patient investor\" \/>\n<meta property=\"og:description\" content=\"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*. * Target calculation: 6000 + ( &hellip; Continue reading &quot;European buying pressure&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/27\/european-buying-pressure\/\" \/>\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=\"2012-08-28T02:38:02+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-08-28-ftse.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\\\/08\\\/27\\\/european-buying-pressure\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"European buying pressure\",\"datePublished\":\"2012-08-28T02:38:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/\"},\"wordCount\":129,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-08-28-ftse.png\",\"keywords\":[\"DAX Index\",\"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\\\/27\\\/european-buying-pressure\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/\",\"name\":\"European buying pressure - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-08-28-ftse.png\",\"datePublished\":\"2012-08-28T02:38:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-08-28-ftse.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-08-28-ftse.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/08\\\/27\\\/european-buying-pressure\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"European buying pressure\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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.","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-1o8","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":5311,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/21\/european-revival\/","url_meta":{"origin":5340,"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":8257,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/europe-dax-bullish-but-ftse-selling-pressure\/","url_meta":{"origin":5340,"position":1},"title":"Europe: DAX bullish, but FTSE selling pressure","author":"ColinTwiggs","date":"August 12, 2013","format":false,"excerpt":"Germany's DAX recovered above the 2007 high at 8200. Follow-through above 8500 would offer a long-term target of 9500*. Rising 13-week Twiggs Money Flow indicates buying pressure. Reversal below 8000 is now unlikely, but would warn of another test of primary support at 7700. * Target calculation: 8500 + (\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":5220,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/europe-signs-of-a-revival\/","url_meta":{"origin":5340,"position":2},"title":"Europe: Signs of a revival","author":"Colin Twiggs","date":"August 13, 2012","format":false,"excerpt":"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 - 600 ) = 840 FTSE 100 broke\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":5340,"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":5710,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/08\/europe-testing-resistance\/","url_meta":{"origin":5340,"position":4},"title":"Europe: Testing resistance","author":"Colin Twiggs","date":"October 8, 2012","format":false,"excerpt":"Dow Jones Europe Index rallied off support at 250 and is testing primary resistance at 265. Breakout would signal a primary advance to the 2011 high at 310. Rising 13-week Twiggs Money Flow indicates medium-term buying pressure. Reversal below 250 is unlikely but would warn of another correction. Germany's DAX\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":5340,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5340","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=5340"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5340\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=5340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=5340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=5340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}