KOSPI is still in down trend.
KOSPI is still downtrend since Jan. 2018.
It is now try to go up after touching the 2000 strong support line.
In the view of long time frame, it is almost converged so that it is going to show its direction soon.
Indicators says:
MACD shows dead cross and fail to break zero so that it shows downtrend.
However, the RSI is getting higher and supported by the bottom line, so that we can consider the situation that it can break its downtrend.
For safe entry, we can enter after it breaks the downtrend with support of 2000 resistance line.
KOSPI is still downtrend since Jan. 2018.
It is now try to go up after touching the 2000 strong support line.
In the view of long time frame, it is almost converged so that it is going to show its direction soon.
Indicators says:
MACD shows dead cross and fail to break zero so that it shows downtrend.
However, the RSI is getting higher and supported by the bottom line, so that we can consider the situation that it can break its downtrend.
For safe entry, we can enter after it breaks the downtrend with support of 2000 resistance line.