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 KOSPI (SEOUL.NDX) - Close: 2 072.78 (+1.64), Aug 20, 2014

Chart Technical Analysis KOSPI (SEOUL)

 Positive Candidate -Medium term, Aug 20, 2014Analysis Explanation
KOSPI is in a rising trend, but is now testing the ceiling of the trend channel. This may give a reaction down, while a continued rise within the trend channel may be expected for the longer term. Has given positive signal from a rectangle formation by a break up through the resistance at 2046. Further rise to 2115 or more is signaled. The index has broken up through the resistance at points 2060. This predicts a further rise. In case of negative reactions, there will now be support at points 2060. The index is overall assessed as technically positive for the medium long term.

1 day-0.55%0.00+0.08%
5 days0.001.84%0.00+0.51%
22 days0.004.57%0.00+2.69%
66 days0.008.27%0.00+2.86%
Trend 11%2004.08 - 2089.74
Rectangle2014-07-28
Short Term Trading Range2014-07-02
Moving average2014-04-15
Inverse Head and Shoulders 2014-04-08
Long Term Trading Range2014-03-28
Inverse Head and Shoulders 2014-03-27
Rectangle2013-06-20


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Titlex

OK