KQY0 Index Chart

Kospi Composite

 

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DorofeevML DorofeevML PRO KQY0, W, Long ,
KQY0: KQY0 #KOSPI #Korea
19 0 4
KQY0, W Long
KQY0 #KOSPI #Korea

KQY0

laissezfaire laissezfaire PRO KQY0, D,
KQY0: KOSPI in 6Y Wedge Pattern
18 0 1
KQY0, D
KOSPI in 6Y Wedge Pattern

Symmetrical wedge implies a continuation pattern with upside resolution. But fundamentals are bearish for Korea, including declining global trade, domestic political turmoil, U.S. protectionism, and the global dollar shortage. Neutral until wedge breakout is confirmed.

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