After a complex correction, seeing a rapid change in angle and tone of candlesticks. Trendlines not yet broken, yet indicator wise, change in trend with increasing momentum. Volumes not available on this study, yet I am also willing to make a bet that a vWAP line or one of its derivatives (MIDAS for instance) would show a break. Stay safe out there. We are not...
From failed move come fast moves in the opposite direction.
Looks like KRX:KOSPI could be a rising wedge, that is near completion
Index: KOSPI Composite Index Exchange: Korea Exchange (KRX) Region: South Korea Introduction: Welcome to today's technical analysis. We'll focus on the weekly chart of the KOSPI Composite Index, highlighting a bullish reversal signaled by a symmetrical triangle pattern breakout. Symmetrical Triangle Pattern: The symmetrical triangle pattern is a neutral...
KOSPI INDEX IS KOREA COMPOSEITE INDEX.. long short scenario ^^ good luck .
According the the RSI it looks like it is overbought, I am expecting a scam wick to 1900
It seems good to sell dollar assets and buy Korean blue-chip stocks now
Disclaimer: My work is based on purely education and learning . I do not partake in any kind of investment strategies or ideas nor am i sebi registered to give any kind of market investment advice. Kindly consult your sebi registered research analyst before you make any financial decisions.
The level of the strong US Dollar/KRW has risen to the initial CORONA QUARANTINED phase. It seems difficult for US to continue its strong dollar. The KOSPI index is expected to reach an upward target of 3,500.
Global Markets Overview, Section 2 - Switzerland, Spain, Hong Kong, Australia, India, Tokyo, Taiwan, South Korea.
Global Markets Overview, Section 2 - Switzerland, Spain, Hong Kong, Australia, India, Tokyo, Taiwan, South Korea
Global Markets Overview, Section 2 - Switzerland, Spain, Hong Kong, Australia, India, Tokyo, Taiwan, South Korea
Global Markets Overview, Section 2 - Switzerland, Spain, Hong Kong, Australia, India, Tokyo, Taiwan, South Korea
Since 1981, when the Kospi Composite Index printed a 14-day RSI below 20, returns over the following 14-days had a positive expectancy. 14-day average return 3.02%, win rate 13 from 15, standard deviation 3.64%. Disclaimer: This data is not financial advice. Data is for informational purposes only & should not be used to make any investment decisions. No...
Kospi seems to be attempting to retest the previous ATH. Korea seems to be getting over the worst of its covid waves which could be incredibly bullish for the country as a whole. Looking to see what the Kospi does on a retest of previous ATH.
KOSPI is retesting a very long-term channel it's been trading within since 1994. If it confirms the breakout out of this channel, it could be extremely bullish on the ETF that has underperformed the SP500 this year.
Kospi a canary in global equity market. Ascending wedge break Below 233 EMA Below Ichimoku Cloud Countertrend rally bear flag. The next move should be impluse