In today’s briefing:
- EQD | KOSPI 200 Readying for LONG Reversal
EQD | KOSPI 200 Readying for LONG Reversal
- The KOSPI 200 INDEX is correcting after a long multi-week rally. Currently down for 2 weeks (to be confirmed this Friday at close), it’s becoming OVERSOLD.
- There is a risk of a large slide during this week, so LONG trades should be taken with a careful, hedged approach, but the LONG reversal is pending…
- The price area between 345 and 334 is where the index could stop its pullback and reverse.