{"id":780,"date":"2011-09-13T01:36:30","date_gmt":"2011-09-13T05:36:30","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=780"},"modified":"2011-09-13T01:36:30","modified_gmt":"2011-09-13T05:36:30","slug":"brazil-and-south-africa-2","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/","title":{"rendered":"Brazil and South Africa"},"content":{"rendered":"<p>Brazil&#8217;s Bovespa Index again found short-term support at 54000. Narrow consolidation is a bullish sign, suggesting upward breakout above 58000. Rising 21-day Twiggs Money Flow indicates medium-term buying pressure. This is a strong rally for a bear market, but is not a sign yet that a base is forming.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2011\/2011-09-12-br.png?w=525&#038;ssl=1\" alt=\"Bovespa Index\" \/><\/p>\n<p>South Africa&#8217;s Johannesburg Overall Index also made a reasonable rally before retreating below 30000. Penetration of the rising trendline would indicate another test of support at 28400.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2011\/2011-09-12-za.png?w=525&#038;ssl=1\" alt=\"JSE Overall Index\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazil&#8217;s Bovespa Index again found short-term support at 54000. Narrow consolidation is a bullish sign, suggesting upward breakout above 58000. Rising 21-day Twiggs Money Flow indicates medium-term buying pressure. This is a strong rally for a bear market, but is not a sign yet that a base is forming. South Africa&#8217;s Johannesburg Overall Index also &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Brazil and South Africa&#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":[38],"tags":[481,1998,1999],"class_list":["post-780","post","type-post","status-publish","format-standard","hentry","category-africa-south-america","tag-bovespa","tag-jse","tag-jse-overall"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brazil and South Africa - 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=\"Brazil and South Africa - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Brazil&#8217;s Bovespa Index again found short-term support at 54000. Narrow consolidation is a bullish sign, suggesting upward breakout above 58000. Rising 21-day Twiggs Money Flow indicates medium-term buying pressure. This is a strong rally for a bear market, but is not a sign yet that a base is forming. South Africa&#8217;s Johannesburg Overall Index also &hellip; Continue reading &quot;Brazil and South Africa&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/\" \/>\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:published_time\" content=\"2011-09-13T05:36:30+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2011\/2011-09-12-br.png\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Brazil and South Africa\",\"datePublished\":\"2011-09-13T05:36:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/\"},\"wordCount\":76,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-09-12-br.png\",\"keywords\":[\"Bovespa\",\"JSE\",\"JSE Overall\"],\"articleSection\":[\"Africa &amp; South America\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/\",\"name\":\"Brazil and South Africa - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-09-12-br.png\",\"datePublished\":\"2011-09-13T05:36:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-09-12-br.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-09-12-br.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/brazil-and-south-africa-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Brazil and South Africa\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Narrow consolidation is a bullish sign, suggesting upward breakout above 58000. Rising 21-day Twiggs Money Flow indicates medium-term buying pressure. This is a strong rally for a bear market, but is not a sign yet that a base is forming. 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Failure would offer a target of 38000*. * Target calculation: 48000 - ( 58000 - 48000 )\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3305,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/17\/jse-bovespa-threaten-breakout\/","url_meta":{"origin":780,"position":1},"title":"JSE &#038; Bovespa threaten breakout","author":"ColinTwiggs","date":"January 17, 2012","format":false,"excerpt":"South Africa's JSE Overall Index broke resistance at 33000 to signal a primary advance. Target for the initial advance is 35000*. Bearish divergence on 13-week Twiggs Money Flow, however, warns of medium-term selling pressure; we should wait for confirmation from a retracement that respects the new support level. The indicator\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4019,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/01\/brazil-south-africa\/","url_meta":{"origin":780,"position":2},"title":"Brazil &#038; South Africa","author":"Colin Twiggs","date":"April 1, 2012","format":false,"excerpt":"Brazil's Bovespa Index is in a primary up-trend but currently undergoing a correction. Respect of the rising trendline would signal a healthy up-trend, while 13-week Twiggs Money Flow respect of the zero line would strengthen the signal. * Target calculation: 60 + ( 60 - 50 ) = 70 South\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1949,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/17\/south-africa-jse-threatens-breakout\/","url_meta":{"origin":780,"position":3},"title":"South Africa: JSE threatens breakout","author":"ColinTwiggs","date":"November 17, 2011","format":false,"excerpt":"The JSE Overall Index completed a similar reversal to the Brazilian Bovespa, with a break above 31500. We can now see a similar ascending triangle below 33000. Upward breakout is likely and would signal a fresh advance to 37000*. Rising 13-week Twiggs Money Flow confirms buying pressure. * Target calculation:\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1383,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/18\/south-africa-brazil\/","url_meta":{"origin":780,"position":4},"title":"South Africa &#038; Brazil","author":"ColinTwiggs","date":"October 18, 2011","format":false,"excerpt":"The JSE Overall Index is testing both resistance and the descending trendline at 31500. Breakout would test the 2008\/2011 high of 33000, but respect would warn of a test of 30000. Reversal below 30000 would signal a primary decline to 26000. 13-Week Twiggs Money Flow indicates medium-term buying support but\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3332,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/23\/canada-brazil-and-south-africa\/","url_meta":{"origin":780,"position":5},"title":"Canada, Brazil and South Africa","author":"ColinTwiggs","date":"January 23, 2012","format":false,"excerpt":"Resources markets are recovering, with Canada's TSX 60 index testing resistance at 715 after breaching the descending trendline. Breakout would complete a higher trough, signaling a primary up-trend. Target for the initial advance would be 800*. Rising 13-week Twiggs Money Flow indicates buying pressure. * Target calculation: 720 + (\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/780","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=780"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/780\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}