Medium term view - KOSPI 200 : The RSI displays a bearish divergence.
The trend is still bullish, though slower. The invalidation level is below 301.32 pts.The target is at 366.00 pts.Arguments :
- The major support is close.
- The RSI displays a bearish divergence.
- The rising moving average confirms our opinion.
- Prices will test the quality of bullish gap. As long as it remains open, consequences will be bullish.
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