{"id":8854,"date":"2013-12-16T17:04:28","date_gmt":"2013-12-16T22:04:28","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=8854"},"modified":"2013-12-16T17:04:28","modified_gmt":"2013-12-16T22:04:28","slug":"sp-500-correction-over","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/","title":{"rendered":"S&#038;P 500 correction over?"},"content":{"rendered":"<p>The S&amp;P 500 found support at 1775, but declining 21-day Twiggs Money Flow warns the correction is not yet over. Breach of 1775 would indicate a test of the ascending trendline and medium-term support at 1730. Recovery above 1810 is less likely, but would suggest an accelerating up-trend &mdash; with sharper gains and shorter retracements.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" width=\"525\" height=\"355\" title=\"S&amp;P 500\" alt=\"S&amp;P 500\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-17-spx.png?resize=525%2C355&#038;ssl=1\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;color:#999999;\">* Target calculation: 1725 + ( 1725 &#8211; 1650 ) = 1800<\/p>\n<p>CBOE Volatility Index (VIX) readings below 20 are indicative of a bull market.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" width=\"525\" height=\"355\" title=\"VIX Index\" alt=\"VIX Index\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-17-vix.png?resize=525%2C355&#038;ssl=1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The S&amp;P 500 found support at 1775, but declining 21-day Twiggs Money Flow warns the correction is not yet over. Breach of 1775 would indicate a test of the ascending trendline and medium-term support at 1730. Recovery above 1810 is less likely, but would suggest an accelerating up-trend &mdash; with sharper gains and shorter retracements. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;S&#038;P 500 correction over?&#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":[57,34],"tags":[64,615,3010],"class_list":["post-8854","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-us-canada-countries-regions","tag-vix","tag-cboe-volatility-index","tag-sp-500"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>S&amp;P 500 correction over? - 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=\"S&amp;P 500 correction over? - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The S&amp;P 500 found support at 1775, but declining 21-day Twiggs Money Flow warns the correction is not yet over. Breach of 1775 would indicate a test of the ascending trendline and medium-term support at 1730. Recovery above 1810 is less likely, but would suggest an accelerating up-trend &mdash; with sharper gains and shorter retracements. &hellip; Continue reading &quot;S&#038;P 500 correction over?&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/\" \/>\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=\"2013-12-16T22:04:28+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2013\/2013-12-17-spx.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\/12\/16\/sp-500-correction-over\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"S&#038;P 500 correction over?\",\"datePublished\":\"2013-12-16T22:04:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/\"},\"wordCount\":71,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-12-17-spx.png\",\"keywords\":[\"$VIX\",\"CBOE Volatility Index\",\"S&amp;P 500\"],\"articleSection\":[\"Stock Markets\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/\",\"name\":\"S&P 500 correction over? - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-12-17-spx.png\",\"datePublished\":\"2013-12-16T22:04:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-12-17-spx.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-12-17-spx.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"S&#038;P 500 correction over?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Breach of 1775 would indicate a test of the ascending trendline and medium-term support at 1730. Recovery above 1810 is less likely, but would suggest an accelerating up-trend &mdash; with sharper gains and shorter retracements. &hellip; Continue reading \"S&#038;P 500 correction over?\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2013-12-16T22:04:28+00:00","og_image":[{"url":"http:\/\/static.incrediblecharts.com\/images\/2013\/2013-12-17-spx.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\/2013\/12\/16\/sp-500-correction-over\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"S&#038;P 500 correction over?","datePublished":"2013-12-16T22:04:28+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/"},"wordCount":71,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-12-17-spx.png","keywords":["$VIX","CBOE Volatility Index","S&amp;P 500"],"articleSection":["Stock Markets","US &amp; Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/","name":"S&P 500 correction over? - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-12-17-spx.png","datePublished":"2013-12-16T22:04:28+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-12-17-spx.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2013\/2013-12-17-spx.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/16\/sp-500-correction-over\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"S&#038;P 500 correction over?"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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But there is no sign of selling pressure on 13-week Twiggs Money Flow. Follow-through above 1820 would suggest an accelerating up-trend \u2014 with sharper gains and shorter retracements. 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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-09-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-09-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-09-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":8720,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/11\/12\/dow-signals-fresh-advance\/","url_meta":{"origin":8854,"position":1},"title":"Dow signals fresh advance","author":"ColinTwiggs","date":"November 12, 2013","format":false,"excerpt":"Dow Jones Industrial Average broke resistance at 15700, ending the consolidation of recent months and signaling an advance to 16600*. Expect retracement to test the new support level in the next few weeks. Respect would confirm the advance. Penetration of the descending trendline on 13-week Twiggs Money Flow indicates medium-term\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":"Dow Jones Industrial Average","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-11-12-dow.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-11-12-dow.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-11-12-dow.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":8789,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/11\/25\/dow-leads-us-climb\/","url_meta":{"origin":8854,"position":2},"title":"Dow leads US climb","author":"ColinTwiggs","date":"November 25, 2013","format":false,"excerpt":"Dow Jones Industrial Average is advancing strongly, with rising 13-week Twiggs Money Flow indicating medium-term buying pressure. Target for the advance is 16600*. Retracement to test the new support level remains likely, however, and respect would confirm the advance. Reversal below 15700 is unlikely, but would test the secondary rising\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":"Dow Jones Industrial Average","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-11-25-dow.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-11-25-dow.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-11-25-dow.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":8813,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/03\/bullish-outlook-despite-retracement\/","url_meta":{"origin":8854,"position":3},"title":"Bullish outlook despite retracement","author":"ColinTwiggs","date":"December 3, 2013","format":false,"excerpt":"Dow Jones Industrial Average retraced to test short-term support at 16000. Breach would suggest a correction to test the rising trendline at 15500. Mild bearish divergence on 13-week Twiggs Money Flow warns of medium-term selling pressure. Target for the advance is 16600* and respect of support at 15500 would suggest\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":"Dow Jones Industrial Average","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-03-dow.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-03-dow.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-03-dow.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":9550,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/03\/25\/sp-500-correction-threat\/","url_meta":{"origin":8854,"position":4},"title":"S&#038;P 500 correction threat","author":"ColinTwiggs","date":"March 25, 2014","format":false,"excerpt":"The S&P 500 continues to threaten a correction. Bearish divergence on 21-day Twiggs Money Flow indicates medium-term selling pressure. Breach of support at 1840 would confirm a correction, while recovery above 1880 would signal an advance to 1950*. * Target calculation: 1850 + ( 1850 - 1750 ) = 1950\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-25-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-25-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-25-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":8749,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/11\/18\/sp-500-and-nasdaq-bouyant\/","url_meta":{"origin":8854,"position":5},"title":"S&#038;P 500 and Nasdaq bouyant","author":"ColinTwiggs","date":"November 18, 2013","format":false,"excerpt":"The S&P 500 is advancing strongly but expect some resistance at the target of 1800*. Penetration of the descending trendline on 13-week Twiggs Money Flow suggests that selling pressure is easing. Reversal below 1750 is unlikely at present, but would warn of a correction to at least the secondary trendline\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":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-11-18-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-11-18-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-11-18-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8854","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=8854"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8854\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=8854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=8854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=8854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}