KRX:KOSPI is looking pretty bad. The overall chart looks bearish and the fundamentals are not getting much better. The uptrend stops reaching the red resistance channels which is another bearish indicator.
Sell-Signal: There are multiple reasons why we are going short, once the purple line is crossed and the price is stagnating in the red zone. The red zones are...
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![KOSPI: [KOSPI] KOSPI Fibonacci 0.786 - Long](https://s3.tradingview.com/a/AA2IMeQX_mid.png "[KOSPI] KOSPI Fibonacci 0.786 - Long")
![KOSPI: [KOSPI] KOSPI 0.618 - SHORT](https://s3.tradingview.com/b/b6rlwBOj_mid.png "[KOSPI] KOSPI 0.618 - SHORT")
![KOSPI: [KOSPI] KOSPI RESISTANCE - SHORT](https://s3.tradingview.com/a/atxkgX06_mid.png "[KOSPI] KOSPI RESISTANCE - SHORT")
