This week we will see the EMA (50,100,200) and MACD,RSI for various diagrams. The Korea KOSPI Composite Index (KOSPI) Daily Diagram Technical Analysis Training shows the following: The KOSPI index has made a correction decline and then (last week) it reacted on EMA 50 with the support of 1.618 of fib level. Last week it crossed 1.618 of fib. KOSPI is on a bull...
The Korea KOSPI Index (Kospi) Daily Diagram Technical Analysis Training shows the following: The KOSPI index has breached the 2017 level of the ascending triangle above the support purple line. The new resistance level is the 2099 (2.618 of fib). The monthly and weekly diagrams are both pretty bullish. So the first think in mind seeing the diagram is that...
The NIKKEI 225 Japan Index (JPN225) Daily Diagram Technical Analysis Training shows the following: The JPN225 index has made a decline above the KUMO cloud last week under the Tenkan Sen (light green line) and Kijun Sen (blue line). Now the Index has breached the support lines and has reacted and stopped exactly on the Kijun Sen and 1 of fib. The weekly diagram...
The Korea KOSPI Index (Kospi) Daily Diagram Technical Analysis Training shows the following: The KOSPI index has declined and got itself into the KUMO last week w/gap. The new resistance red line is the upper border now. The monthly diagram is neutral with bullish MACD and the weekly diagram shows neutral signs. So the first think in mind is that KOSPI has a...
The Korea KOSPI Index (Kospi) Daily Diagram Technical Analysis Training shows the following: The Kospi index has followed a long trend in something like ascending triangle above the KUMO cloud, but under the Kijun Sen(blue line) resistance last week. The support line tries to get itself above the KUMO but not yet (if it happens it will be clearly bullish). The...