KOSPI (SEOUL.NDX) - Close: 2 028.99 (-1.69), Nov 27, 2015

Chart Technical Analysis KOSPI (SEOUL)

 Negative Candidate -Long term, Nov 27, 2015Analysis Explanation
KOSPI is within an approximate horizontal trend, which indicates further development in the same direction. Is moving within a rectangle formation between support at 1820 and resistance at 2220. A decisive break through one of these levels indicates the new direction for the index. The index is testing the resistance at points 2050, which may give a negative reaction. The index is overall assessed as technically negative for the long term.

1 day-0.52%0.00-0.08%
5 days0.001.82%0.00+1.97%
22 days0.004.62%0.00-0.66%
66 days0.009.29%0.00+9.88%
Trend 0%1811.58 - 2182.79
Double Top Pattern2013-04-05
Double Top Pattern2011-08-04


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