Although It Is Still Bearish, KOSPI Prone Rectified

Reference of the 4-hour chart, the bearish bias though still needed transpiration consistently under 234.85 area (23.6% fibo from 289.30-218.05) to encourage the sustainability of the movement towards a bearish 233.75 area or even area 232.40.

On the reverse side, the nearest resistance can be found in area 236.30. With stochastic and RSI which looks started oversold, break back above the area should trigger a bullish correction scenarios to test the redesigned area of 237.35 before target area 238.95.