Korea KOSPI Comp Index Daily (29.06.2014)Tech. Analysis Training
The Korea KOSPI Index (Kospi) Daily Diagram Technical Analysis Training shows the following:
The KOSPI index has declined and got itself into the KUMO last week w/gap. The new resistance red line is the upper border now. The monthly diagram is neutral with bullish MACD and the weekly diagram shows neutral signs.
So the first think in mind is that KOSPI has a strong resistance at 2000. MACD is bearish with divergence now and RSI too.
There is no special candlestick pattern. The index is into the KUMO and under the Tenkan Sen and Kijun Sen too (bearish).
There is no special pattern. Fib shows the resistance and support levels.
The best strategy here is to make nothing and stay aside.
The KOSPI index has declined and got itself into the KUMO last week w/gap. The new resistance red line is the upper border now. The monthly diagram is neutral with bullish MACD and the weekly diagram shows neutral signs.
So the first think in mind is that KOSPI has a strong resistance at 2000. MACD is bearish with divergence now and RSI too.
There is no special candlestick pattern. The index is into the KUMO and under the Tenkan Sen and Kijun Sen too (bearish).
There is no special pattern. Fib shows the resistance and support levels.
The best strategy here is to make nothing and stay aside.
