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 KOSPI (SEOUL.NDX) - Close: 2 067.86 (-0.68), Sep 1, 2014

Chart Technical Analysis KOSPI (SEOUL)

 Positive Candidate -Medium term, Sep 1, 2014Analysis Explanation
KOSPI is within a rising trend and continued advance within the current trend is indicated. On reactions back, there is support against the floor of the trend channel. Has given positive signal from a rectangle formation by a break up through the resistance at 2030. Further rise to 2105 or more is signaled. The index has marginally broken up through the resistance at points 2060. An established break predicts a further rise. The index is overall assessed as technically positive for the medium long term.

1 day-0.55%0.00-0.03%
5 days0.001.82%0.00+0.34%
22 days0.004.53%0.00-0.40%
66 days0.008.25%0.00+2.76%
Trend 11%2011.14 - 2103.79
Rectangle2014-07-25
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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