{"id":7234,"date":"2013-03-25T04:53:03","date_gmt":"2013-03-25T08:53:03","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=7234"},"modified":"2013-03-25T04:53:03","modified_gmt":"2013-03-25T08:53:03","slug":"asx-200-resistance-at-5000","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/25\/asx-200-resistance-at-5000\/","title":{"rendered":"ASX 200: Resistance at 5000"},"content":{"rendered":"<p>The ASX 200 rallied above 5000 at Monday&#8217;s opening but gradually retreated to close at 4990. While failure to hold above the short-term support level is disappointing, an early break above 5000 on Tuesday would suggest a rally to 5150.<br \/>\n<img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" alt=\"ASX 200 Index\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-03-25-xjo-h.png?w=525&#038;ssl=1\" \/><br \/>\nThe weekly chart shows the importance of medium-term support at 4950. Failure would signal a correction to test the rising trendline around 4700. Slight bearish divergence on 13-week Twiggs Money Flow warns of mild medium-term selling pressure. The index remains in a strong primary up-trend and only a breach of the rising trendline would threaten this.<br \/>\n<img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" alt=\"ASX 200 Index\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-03-25-xjo.png?w=525&#038;ssl=1\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;color:#999999;\">* Target calculation: 5000 + ( 5000 &#8211; 4500 ) = 5500<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ASX 200 rallied above 5000 at Monday&#8217;s opening but gradually retreated to close at 4990. While failure to hold above the short-term support level is disappointing, an early break above 5000 on Tuesday would suggest a rally to 5150. The weekly chart shows the importance of medium-term support at 4950. Failure would signal a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/25\/asx-200-resistance-at-5000\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ASX 200: Resistance at 5000&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"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":[40,57],"tags":[251],"class_list":["post-7234","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-stock-markets","tag-asx-200"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ASX 200: Resistance at 5000 - 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=\"ASX 200: Resistance at 5000 - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The ASX 200 rallied above 5000 at Monday&#8217;s opening but gradually retreated to close at 4990. While failure to hold above the short-term support level is disappointing, an early break above 5000 on Tuesday would suggest a rally to 5150. The weekly chart shows the importance of medium-term support at 4950. 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Breakout would signal an advance to 6000. S&P 500 breakout above its 2007 high would enhance buying pressure, while failure would suggest\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":"","src":"","width":0,"height":0},"classes":[]},{"id":6623,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/03\/asx-200-approaches-key-resistance-level-2\/","url_meta":{"origin":7234,"position":1},"title":"ASX 200 approaches key resistance level","author":"Colin Twiggs","date":"February 3, 2013","format":false,"excerpt":"The ASX 200 is retracing today to test short-term support at 4900 but medium-term buying pressure -- as indicated by 21-day Twiggs Money Flow troughs above zero -- suggests a test of 5000. Rising 63-day Twiggs Momentum suggests continuation of the primary up-trend. Breakout above 5000 would offer a long-term\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":"","src":"","width":0,"height":0},"classes":[]},{"id":9108,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/02\/04\/asx-200-at-risk\/","url_meta":{"origin":7234,"position":2},"title":"ASX 200 at risk","author":"ColinTwiggs","date":"February 4, 2014","format":false,"excerpt":"The ASX 200 is at far greater risk of reverting to a primary down-trend. Retreat of 13-week Twiggs Money Flow below zero, after a bearish divergence, warns of strong selling pressure. Failure of support at 5050 would strengthen the signal, while breach of 5000 would confirm. Respect of the rising\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":"ASX 200","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-02-04-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-02-04-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-02-04-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":7406,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/04\/asx-200-warns-of-correction\/","url_meta":{"origin":7234,"position":3},"title":"ASX 200 warns of correction","author":"ColinTwiggs","date":"April 4, 2013","format":false,"excerpt":"The ASX 200 broke medium-term support at 4950, signaling the start of a correction for Australian stocks. Reversal of 21-day Twiggs Money Flow below zero confirms medium-term selling pressure. Initial target for a correction is the rising trendline around 4700. Even correction back to 4500 does not disrupt the primary\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":"","src":"","width":0,"height":0},"classes":[]},{"id":8260,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/asx-200-tests-resistance-2\/","url_meta":{"origin":7234,"position":4},"title":"ASX 200 tests resistance","author":"ColinTwiggs","date":"August 12, 2013","format":false,"excerpt":"The ASX 200 rallied off support at 5000. Breakout above 5120 would indicate an advance to 5250. Rising 21-day Twiggs Money Flow supports the signal. Reversal below 5000 is unlikely, but would test medium-term support at 4850. Breakout above 5250 would present a long-term target of 5850*. * Target calculation:\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":"","src":"","width":0,"height":0},"classes":[]},{"id":7880,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/06\/04\/nikkei-asx-find-support-but-india-china-weaken\/","url_meta":{"origin":7234,"position":5},"title":"Nikkei, ASX find support but India &#038; China weaken","author":"ColinTwiggs","date":"June 4, 2013","format":false,"excerpt":"Dow Jones Japan index found support at its long-term rising trendline.\u00a0 Follow-through above 77 would indicate the correction is over, suggesting an advance to 100*. Breach of the trendline, however would warn that the primary trend is weakening. * Target calculation: 85 + ( 85 - 70 ) = 100\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":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7234","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=7234"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7234\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=7234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=7234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=7234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}