{"id":7885,"date":"2013-06-06T03:09:50","date_gmt":"2013-06-06T07:09:50","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=7885"},"modified":"2013-06-06T03:09:50","modified_gmt":"2013-06-06T07:09:50","slug":"asx-200-the-last-straw","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/06\/06\/asx-200-the-last-straw\/","title":{"rendered":"ASX 200: The last straw"},"content":{"rendered":"

The ASX Small Ordinaries Index is already in a primary down-trend, but breach of the 2012 low at 2050 warns of a decline to 1700*.<\/p>\n

\"ASX<\/p>\n

* Target calculation: 2050 – ( 2400 – 2050 ) = 1700<\/p>\n

The ASX 200 was in a strong up-trend until its recent breach of support at 4900, following bearish divergence on 13-week Twiggs Money Flow. Penetration of the the rising trendline would be the last straw, confirming reversal to a primary down-trend.<\/p>\n

\"ASX<\/p>\n

Follow-through below 4750 would test support at 4400\/4500.<\/p>\n","protected":false},"excerpt":{"rendered":"

The ASX Small Ordinaries Index is already in a primary down-trend, but breach of the 2012 low at 2050 warns of a decline to 1700*. * Target calculation: 2050 – ( 2400 – 2050 ) = 1700 The ASX 200 was in a strong up-trend until its recent breach of support at 4900, following bearish … <\/p>\n

Continue reading “ASX 200: The last straw”<\/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":[255,270],"class_list":["post-7885","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-stock-markets","tag-asx-200-index","tag-asx-small-ordinaries"],"yoast_head":"\nASX 200: The last straw - 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: The last straw - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The ASX Small Ordinaries Index is already in a primary down-trend, but breach of the 2012 low at 2050 warns of a decline to 1700*. * Target calculation: 2050 – ( 2400 – 2050 ) = 1700 The ASX 200 was in a strong up-trend until its recent breach of support at 4900, following bearish … Continue reading "ASX 200: The last straw"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/06\/06\/asx-200-the-last-straw\/\" \/>\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=\"2013-06-06T07:09:50+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2013\/2013-06-06-xso.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\\\/2013\\\/06\\\/06\\\/asx-200-the-last-straw\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/06\\\/06\\\/asx-200-the-last-straw\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"ASX 200: The last straw\",\"datePublished\":\"2013-06-06T07:09:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/06\\\/06\\\/asx-200-the-last-straw\\\/\"},\"wordCount\":75,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/06\\\/06\\\/asx-200-the-last-straw\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2013\\\/2013-06-06-xso.png\",\"keywords\":[\"ASX 200 Index\",\"ASX Small Ordinaries\"],\"articleSection\":[\"Australia & NZ\",\"Stock Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/06\\\/06\\\/asx-200-the-last-straw\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/06\\\/06\\\/asx-200-the-last-straw\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/06\\\/06\\\/asx-200-the-last-straw\\\/\",\"name\":\"ASX 200: The last straw - 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Breakout would signal an advance to the upper trend channel, around 1700. Reversal below 1600, however, remains likely and would indicate a correction to 1500. China's Shanghai Composite Index broke primary\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54730,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/06\/20\/asx-200-financials-stand-out\/","url_meta":{"origin":7885,"position":1},"title":"ASX 200 Financials stand out","author":"Colin Twiggs","date":"June 20, 2024","format":false,"excerpt":"A number of ASX sectors are testing resistance, threatening an up-trend, but declining Trend Index peaks warn of selling pressure. Most bullish is the Financials sector, which is one of the few to reflect buying pressure. Utilities enjoyed a strong up-trend but now warns of selling pressure. Energy is the\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & 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\/2024\/2024-06-19-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-06-19-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-06-19-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":29653,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/12\/05\/asx-5\/","url_meta":{"origin":7885,"position":2},"title":"ASX bears grow stronger","author":"Colin Twiggs","date":"December 5, 2021","format":false,"excerpt":"The ASX 200 continues to test primary support at 7200, while Trend index peaks at zero warn of selling pressure. Breach of support would offer a target of 6800. Bond ETFs are rallying but the down-trend remains intact, with long-term interest rates strengthening. Weekly COVID cases continue to stick at\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & 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\/2021\/2021-12-04-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-12-04-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-12-04-xjo.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-12-04-xjo.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":23729,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/01\/16\/asx-200-bullish-except-for-reits-health-care\/","url_meta":{"origin":7885,"position":3},"title":"ASX 200 bullish except for REITs & Health Care","author":"Colin Twiggs","date":"January 16, 2021","format":false,"excerpt":"Iron ore approaching $170\/metric ton is supporting the ASX. The ASX 200 is consolidating in a bullish narrow rectangle between 6600 and 6800. Rising troughs on Twiggs Money Flow indicate secondary buying pressure. Breakout above 6800 would signal another advance. Metals & Mining The ASX 300 Metals & Mining index\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29400,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/11\/27\/asx-turns-bearish\/","url_meta":{"origin":7885,"position":4},"title":"ASX turns bearish","author":"Colin Twiggs","date":"November 27, 2021","format":false,"excerpt":"The ASX 200 penetrated its rising trendline, warning of a reversal. Declining Trend Index peaks indicate secondary selling pressure. We consider this a warning tremor rather than a major earthquake but breach of support at 7200 would offer a target of 6500. Weekly COVID cases continue to stick at 9000,\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & 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\/2021\/2021-11-26-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-11-26-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-11-26-xjo.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-11-26-xjo.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":29064,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/11\/19\/asx-growing-cautious\/","url_meta":{"origin":7885,"position":5},"title":"ASX growing cautious","author":"Colin Twiggs","date":"November 19, 2021","format":false,"excerpt":"We use daily charts again this week, dividing charts into three categories: Bull Trends, Bear Trends, and Consolidation\/Reversals. The ASX 200 is testing resistance at 7470. Rising Trend Index (13-day) indicates short-term buying pressure. Breakout is more likely and would signal another test of 7600. Breach of support at 7300\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & 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\/2021\/2021-11-19-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-11-19-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-11-19-xjo.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-11-19-xjo.png?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7885","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=7885"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7885\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=7885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=7885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=7885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}