Korea Composite Stock Price Index

TVC

KOSPI (Derived Data)

Classic chart pattern. Impulsive move down followed by overlapping upmove to 61% Fib = another sharp leg down to follow in 3 or C. Classic H+S top pattern formation. Divergent RSI. Sell current 2410, stop 2550. Looking for 2100 target area coming few months. (risk 140 for profit 310).