{"id":83,"date":"2011-08-08T01:10:14","date_gmt":"2011-08-08T01:10:14","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=83"},"modified":"2011-08-08T01:10:14","modified_gmt":"2011-08-08T01:10:14","slug":"uk-europe","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/","title":{"rendered":"UK &#038; Europe"},"content":{"rendered":"<p>The FTSE 100 continued on its downward path, approaching its calculated target at 5100*. Expect some retracement this week, but I would not place much reliance on support at 5100 \u2014 strongly suspecting that we will see a test of the June 2010 low at 4800.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-07-uk.png?w=525&#038;ssl=1\" alt=\"FTSE 100 Index\" \/><\/p>\n<p style=\"text-align:right;\"><span style=\"color:#999999;\">* Target calculation: 5600 &#8211; ( 6600 &#8211; 5600 ) = 5100<\/span><\/p>\n<p style=\"text-align:left;\">The German DAX index has already passed its initial target of 6500 and is headed for a test of 5600.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-07-de.png?w=525&#038;ssl=1\" alt=\"German DAX Index\" \/><\/p>\n<p style=\"text-align:right;\"><span style=\"color:#999999;\">* Target calculation: 6500 &#8211; ( 7600 &#8211; 6500 ) = 5400<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FTSE 100 continued on its downward path, approaching its calculated target at 5100*. Expect some retracement this week, but I would not place much reliance on support at 5100 \u2014 strongly suspecting that we will see a test of the June 2010 low at 4800. * Target calculation: 5600 &#8211; ( 6600 &#8211; 5600 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UK &#038; Europe&#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":[57,33],"tags":[],"class_list":["post-83","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-uk-europe-countries-regions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UK &amp; Europe - 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=\"UK &amp; Europe - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The FTSE 100 continued on its downward path, approaching its calculated target at 5100*. Expect some retracement this week, but I would not place much reliance on support at 5100 \u2014 strongly suspecting that we will see a test of the June 2010 low at 4800. * Target calculation: 5600 &#8211; ( 6600 &#8211; 5600 &hellip; Continue reading &quot;UK &#038; Europe&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/\" \/>\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=\"2011-08-08T01:10:14+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/tradingdiary\/images\/2011-08-07-uk.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\\\/08\\\/08\\\/uk-europe\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"UK &#038; Europe\",\"datePublished\":\"2011-08-08T01:10:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/\"},\"wordCount\":68,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/tradingdiary\\\/images\\\/2011-08-07-uk.png\",\"articleSection\":[\"Stock Markets\",\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/\",\"name\":\"UK & Europe - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/tradingdiary\\\/images\\\/2011-08-07-uk.png\",\"datePublished\":\"2011-08-08T01:10:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/tradingdiary\\\/images\\\/2011-08-07-uk.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/tradingdiary\\\/images\\\/2011-08-07-uk.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/08\\\/08\\\/uk-europe\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UK &#038; Europe\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Expect some retracement this week, but I would not place much reliance on support at 5100 \u2014 strongly suspecting that we will see a test of the June 2010 low at 4800. * Target calculation: 5600 &#8211; ( 6600 &#8211; 5600 &hellip; Continue reading \"UK &#038; Europe\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2011-08-08T01:10:14+00:00","og_image":[{"url":"http:\/\/static.incrediblecharts.com\/tradingdiary\/images\/2011-08-07-uk.png","type":"","width":"","height":""}],"author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"UK &#038; Europe","datePublished":"2011-08-08T01:10:14+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/"},"wordCount":68,"commentCount":4,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-07-uk.png","articleSection":["Stock Markets","UK &amp; Europe"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/","name":"UK & Europe - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-07-uk.png","datePublished":"2011-08-08T01:10:14+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-07-uk.png","contentUrl":"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-07-uk.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/08\/uk-europe\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"UK &#038; Europe"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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This behavior is again typical of the early \"denial\" stage of a bear market. Resistance is likely to hold, leading to another test of 5000. In the longer term, failure of support at 5000 would offer\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":4748,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/03\/uk-and-europe-tentative-recovery\/","url_meta":{"origin":83,"position":1},"title":"UK and Europe: Tentative recovery","author":"Colin Twiggs","date":"July 3, 2012","format":false,"excerpt":"The FTSE 100 index broke resistance (and the descending trendline) at 5600\/5620, suggesting the correction has ended. Oscillation of 63-day Twiggs Momentum around zero is narrowing, indicating hesitancy. Follow-through above 5650 would strengthen the breakout signal -- as would recovery of 63-day Twiggs Momentum above zero -- targeting 6000*. Reversal\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":839,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/dax-key-reversal-ftse-rally-fades\/","url_meta":{"origin":83,"position":2},"title":"DAX key reversal; FTSE rally fades","author":"ColinTwiggs","date":"September 19, 2011","format":false,"excerpt":"Germany's DAX Index shows a strong key reversal [R] on the weekly chart. Expect a rally, but we are in a bear market and resistance at 6500 is likely to hold. Reversal below 5400 would warn of another down-swing. * Target calculation: 5500 - ( 6500 - 5500 ) =\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":1350,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/europe\/","url_meta":{"origin":83,"position":3},"title":"Europe","author":"ColinTwiggs","date":"October 17, 2011","format":false,"excerpt":"Germany's DAX index is testing resistance at 6000. Penetration of the descending trendline on 13-week Twiggs Money Flow indicates no more than a secondary reaction (bear market rally). Breakout above 6000 would offer a target of 6500, while respect of resistance would re-visit primary support at 5000. * Target calculation:\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":4016,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/01\/uk-europe-correction\/","url_meta":{"origin":83,"position":4},"title":"UK &#038; Europe correction","author":"Colin Twiggs","date":"April 1, 2012","format":false,"excerpt":"Dow Jones Europe Index respected resistance at 260, suggesting another correction. Declining 13-week Twiggs Money Flow indicates medium-term selling pressure; but a trough that respects the zero line would signal a primary up-trend. Respect of support at 240 would also suggest an up-trend. * Target calculation: 260 + ( 260\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":3483,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/13\/uk-and-europe\/","url_meta":{"origin":83,"position":5},"title":"UK and Europe","author":"ColinTwiggs","date":"February 13, 2012","format":false,"excerpt":"The FTSE 100 is retracing to test the new support level at 5750. Bearish divergence on 13-week Twiggs Money Flow warns of medium-term selling pressure. Reversal below 5600 would warn of a bull trap, while respect would confirm the primary up-trend. * Target calculation: 5750 + ( 5750 - 5100\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\/83","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=83"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/83\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=83"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=83"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=83"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}