Technical analysis with old time support and resistance levels
Holding all three positions long. These entries were given on my page publicly in the links below.
This index has been heading up in almost a straight line since the "Covid panic" and this count would suggest it has a considerable way to go. Is there going to be a decent pullback or correction or is this just going to shoot to the moon....?
Update for EIODO, KOSI, and THD long's given on the 28th of July.
Up 1.8%, the breakout here is clear for the EM as I called 3 weeks ago. This was assisted with Asia slowing in 2017/18. Asia looks better at this point because Asia technically slowed down before the West. !THD and !IDX are good longs and I will be taking them. 13:19:40 (UTC) Tue Jul 28, 2020
KOSPI Composite index (KOSPI) is in perfect impulse cycle in 4 hr time frame made from the bottom made in Corona Pandemic. The fifth wave is in ending diagonal structure, which should probably result in sharp decline. So stay bearish with stops above 2240 from current level as 2nd wave of A in ABC zigzag cycle. This is the perfect set up as world market also in...
Inb4 liquidity crises round 2 and deflation worse than march/april
Korean KOSPI index keeps bullish level from 1985 to 2020 .
Here are the levels I believe KOSPI will converge to in the near future Level 1 = around 2100 Level 2 = around 1960 Level 3 = around 1860 With the short ban in place until November 2020, it will be difficult to see the index fall below 1860, or even 1960. However, we need to watch out for second wave of COVID-19. Just a reminder that Korea is a nation with the...
These are strong areas for buy if they reach the price
KOSPI finished a five-wave move up that ended minor wave 1. If this is the case prices should follow the trend to the 1,700 level before continuing up. A move below the 1,900 will give more odds for this scenario. FOLLOW SKYLINEPRO TO GET UPDATES.
KOSPI seems to have finished minor wave 1. The next move should bring prices to the most probable level of 1663, which is 13% below current prices. After this correction the index should continue its trend up. FOLLOW SKYLINEPRO TO GET UPDATES.
Kospi has finished intermediate wave 2 on March 19 and it is tracing the beginning stages of intermediate wave 3 up. It seems to have finished minor wave 1 up. If this is the case, the most probable stop for the index is at 1662 to 1625 before moving up to higher levels. If prices cross up 1929, this scenario should be void as minute wave 5 could have extensions....