Short term view - KOSPI 200 : Prices just broke out of the pennant.
The previous low has been broken, the bearish trend is confirmed. The next target is at 258.62 pts. The invalidation level is above 282.65 pts.Arguments :
- The falling moving average confirms our opinion.
- Prices just broke out of the pennant.
- The reaction on the support is weak, we anticipate its break soon.
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