{"id":6749,"date":"2013-02-18T00:49:50","date_gmt":"2013-02-18T05:49:50","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6749"},"modified":"2013-02-18T00:49:50","modified_gmt":"2013-02-18T05:49:50","slug":"asia-india-japan-retreat","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/18\/asia-india-japan-retreat\/","title":{"rendered":"Asia: India & Japan retreat"},"content":{"rendered":"
India’s Sensex displays a bearish divergence on 13-week Twiggs Money Flow, warning selling pressure. Breach of the secondary trendline — and medium-term support at 19500 — would indicate a correction to 18000.<\/p>\n
Japan’s Nikkei 225 Index is retreating from its 2010 high of 11500 on the monthly chart. Reversal below 11000 would suggest a correction to 10000. Respect of support, however, would indicate a fresh primary advance.<\/p>\n
China’s Shanghai Composite Index was closed last week for Chinese New Year.<\/p>\n
Hong Kong’s Hang Seng Index re-opened Thursday, finding support at 23000.\u00a0 Breakout above 24000 would test the 2010 high of 25000.\u00a0 Troughs high above the zero line on 13-week Twiggs Money Flow indicate buying pressure. Reversal below 23000 is unlikely but would warn of a correction.<\/p>\n
India’s Sensex displays a bearish divergence on 13-week Twiggs Money Flow, warning selling pressure. Breach of the secondary trendline — and medium-term support at 19500 — would indicate a correction to 18000. * Target calculation: 19 + ( 19 – 18 ) = 20 Japan’s Nikkei 225 Index is retreating from its 2010 high of … <\/p>\n
![\"Sensex](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-02-18-bse-w.png?w=525&ssl=1\")
<\/p>\n![\"Nikkei](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-02-18-n225.png?w=525&ssl=1\")
<\/p>\n![\"Shanghai](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-02-18-hsi-w.png?w=525&ssl=1\")
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